Acquiring Company
California Resources Corporation
Acquired Company
Crimson
Long BeachNew YorkEnergyOil And GasRenewable EnergySoftwareArtificial IntelligenceMachine LearningLegalLegal TechDescription
California Resources Corporation has completed the acquisition of Crimson to enhance its oil production capabilities. The acquisition allows CRC to deliver California-produced barrels to high-value markets efficiently. It will also increase operational flexibility and flow assurance across its portfolio. This move is part of CRC's broader strategy for CO2 transportation development across California.
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Based on deal dataFrequently asked
Who acquired Crimson?
Crimson was acquired by California Resources Corporation, based in Long Beach. The deal was reported on September 1, 2026. California Resources Corporation (CRC) is an independent energy and carbon management company committed to energy transition. California Resources Corporation is publicly traded (CRC) and operates in Energy.
When did California Resources Corporation acquire Crimson?
California Resources Corporation's acquisition of Crimson was reported on September 1, 2026. California Resources Corporation has completed the acquisition of Crimson to enhance its oil production capabilities. The acquisition allows CRC to deliver California-produced barrels to high-value markets efficiently. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Crimson do?
Crimson is a London-based litigation AI startup focused on complex disputes. It offers an ingestion and analysis layer that extracts critical data from legal documents to support analysis and case management. It is privately held, operating in Software, and is based in New York.
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