A mining software company established 36 years ago by Perth geologist Graeme Tuder has been sold to a US company for $900 million, setting a new record for WA's tech sector.
Private equity investor Potentia Capital has acquired a majority stake in Nedlands-based Micromine, eight months after the mining software developer hired PwC to find a new owner.
Mining software supplier Micromine has promoted Claire Tuder to the role of director and chief executive while also establishing an advisory board with two industry veterans.
Founding director of Perth-based global mining software developer Micromine, Graeme Tuder, has joined the ranks of some of Australia's biggest names in exporting after being named an Australian Export Hero.
FEATURE: While most of its peers have been taken over by larger companies, Perth-based mining software developer Micromine has stayed independent while building a global business.
Founded in Perth in 1986, software developer Micromine has grown from a three-person operation to more than 235 staff globally, with offices in 18 of the world's major mineral producing capitals.