Procore finally IPOs; valued at $8.5 billion

Procore finally IPOs; valued at $8.5 billion

Procore finally IPOs; valued at $8.5 billion No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at...
Siemens to acquire Supplyframe for EDA supply chain, broader digital marketplace

Ansys acquires Phoenix Integration & its ModelCenter

Ansys acquires Phoenix Integration & its ModelCenter Ansys just announced that it has acquired Phoenix Integration, maker of ModelCenter, a tool used by many who apply the principles of model-based engineering (MBE) and model-based systems engineering (MBSE). The...
Siemens to acquire Supplyframe for EDA supply chain, broader digital marketplace

Quickie: Autodesk completes Upchain acquisition

Quickie: Autodesk completes Upchain acquisition Autodesk just announced that its acquisition of Upchain is a done deal. Many of you have asked about Autodesk’s plans for integration of Upchain and Fusion 360 / Vault / Forge — and we should start seeing...
Nemetschek starts strong, Q1 revenue up 12%cc

Nemetschek starts strong, Q1 revenue up 12%cc

Nemetschek starts strong, Q1 revenue up 12%cc The Nemetschek Group recently reported Q1 results that point to a recovery in AEC — and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant...
Nemetschek starts strong, Q1 revenue up 12%cc

ESI turns the corner, back to growth in Q1

ESI turns the corner, back to growth in Q1 Catching up on more earnings announcements. Last week, ESI Group reported Q1 revenue of €55.5 million, up 1% as reported and up 4% in constant currencies. ESI has been reinventing itself and first issued guidance to investors...