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Dunedin, said it acquired Scottish well integrity software developer Epidote Ltd, taking full ownership of the company and its staff. Terms of the bolt-on buyout were not disclosed. Epidote provides software, consultancy and training, specializing in cased hole wireline log analysis for well integrity. Its MIPS (Multi-Finger Image Processing Software) product is recognized as the industry’s leading software package for multi-finger caliper processing, 3D visualization and interpretation. Epidote’s PIP (Pipe Integrity Platform) is a new software toolkit that the company is developing for its next generation of pipe integrity products. Epidote was founded in 1999 and is based in Aberdeenshire, Scotland, UK. “The acquisition marks a step change for Epidote. We’ve been working with EV for a number of years, and we are excited about this positive move to cement our relationship with an exceptionally successful company – the expertise of which complements our offering,” said Epidote founder and managing director, Steve Helmore. “We’ve been delivering international projects for some time, and having access to both EV’s global sales team and customer base will really allow for the broadening of our horizons, both globally and technically.” When combined with EV’s cameras, data can be streamed in real time and played back on log data, eliminating the uncertainty of well diagnostics. Data can be sought in one run as opposed to multiple, resulting in faster, better quality decisions and reduced downtime. “The agreement opens up many new and exciting possibilities for EV, allowing us to enhance our capabilities and present a unique and sound offering that is unavailable elsewhere,” said EV founder and chief technical director, Jonathan Thursby. When founding EV in 2000, Thursby successfully adapted video camera technology, which he had initially developed for use in televising automotive sports events. He created ground-breaking video techniques used by Formula 1, the FIA World Rally Championship (WRC) and the BBC’s Top Gear series. EV currently provides the only known down-hole cameras that can produce full color high definition video images of the inside of an oil well and is therefore considered a global leader in its small but fast growing market niche. The company’s innovative cameras operate consistently at pressures of up to 15,000 psi and temperatures of up to 175°c. The company has also developed the ability to transmit clear color, high definition, video images from over 8.5 kilometers below the earth’s surface. EV is the market leader in downhole video applications, with a team of 120 employees. EV continues to expand, and currently operates in more than 35 countries, having 22 locations around the world, including the U.S., Canada, Latin America, Europe, Africa, the Middle East and South East Asia. The company is based in Norwich and Aberdeen, UK. In June 2014, Dunedin acquired EV Offshore from Lime Rock Partners in a £69 million management buyout.]]>