Company

Motive Drilling Technologies, Inc.

Dallas-based drilling technology company acquired by Helmerich & Payne, Inc. in May 2017 for USD 75 mn.

About

Motive Drilling Technologies, Inc. was founded in 2015 and is headquartered in Dallas, Texas. It develops advanced drilling technology platforms for clients in sectors such as energy and manufacturing, sold through subscription plans. Helmerich & Payne, Inc. acquired the company in May 2017 for USD 75 mn, with potential earnout payments of USD 25 mn. The company has completed 2 deals to date and is at the Series A stage.

1Funding rounds

2Investors

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