Tekla acquires Field3D mobile BIM apps

Tekla acquires Field3D mobile BIM apps

Yesterday, Tekla announced that it has acquired SVS Innovations’ construction business, including the Field3D mobile solution, to strengthen its position in mobile BIM. Field3D apps are available for iPad and iPhone, and enable collaboration between the job site and...

Trimble growing ahead of expectations

A quick update on Trimble, which reported Q4 and fiscal 2011 on February 2, 2012. The company had expected revenue growth of about 20% for 2011, but wound up acquiring at a rapid clip that lead it to report FY 2011 revenue of $1.64 billion, up about 27% over FY...

Acquisition mania

I’ve been working on a mid-year update of my market numbers for CAE (which show better than expected growth to date in 2011) and am stunned by the rapid pace of acquisitions we’ve seen this year. It’s one thing to note them as they happen, but when...

Trimble and Hexagon – mixed picture

It was a very busy week of earnings and economic news as global markets tried to figure out how the budget situation in the US would play out. In general, though their share prices were dragged down by larger economic news, engineering software company reports were...

GPS + drills = Trimble’s vision

Back in May, Trimble Navigation announced that it wanted to acquire Tekla Corporation to build out its vision of a connected construction site. Yesterday the company said that its Finnish subsidiary had acquired over 99% of Tekla’s outstanding shares, meaning...

Bentley shows what’s possible

Let’s just get it out there: I love user conferences. The marketing hype, neat stuff in the vendor/sponsor area, new product announcements, a motivational speaker … the whole thing. The best part, though, is hanging out with users. I talk to users all year long...

Trimble intends to acquire Tekla

Trimble Navigation today announced that it was launching an effort to acquire all outstanding shares of Tekla Corporation. The offer as stated today is for €15.00 per share in cash for a total of €337 million (about $489 million). This is a premium of 52% to Friday’s...

Tekla revenue up 23% in Q1

Tekla, a supplier of AEC software solutions, today announced solid revenue growth in the first quarter — and then Trimble, a supplier of navigation and surveying solutions, announced that it was interested in acquiring Tekla. First, Tekla’s results; Total...

More good news: Tekla, CENIT

A Bank of America Merrill Lynch report arrived in my inbox this morning with the title “Do earnings never end” — how true. Here are two quick notes on today’s announcements to keep you up-to-date while I finish going over the results reported by Dassault...
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