Nemetschek acquires to boost building ops portfolio
Nemetschek just announced that its MCS Solutions business will acquire Axxerion, developer of facility and property management software, for €75 million. This adds to Nemetschek’s existing “Manage” offerings to address what the company sees as a...
Autodesk adds to its construction offerings, acquires BuildingConnected
Just when I think/hope the year is winding down, up pops another newsworthy item. This time, it’s a twofer: Autodesk announced that the Plangrid acquisition is a done deal and that it’s signed a definitive agreement to acquire BuildingConnected to add...
More from the inbox: BIOVIA acquires plus news about Modelon, FINALCAD, Trimble, PTC + Frustum
The inbox is overflowing with news — perhaps as everyone clears the decks before heading out for year-end holidays. Here, a few more items: Dassault Systèmes announced this morning that its BIOVIA brand has acquired of COSMOlogic, maker of a predictive...
Quickie: Sad news from BETA CAE, plus updates from Altair, MuM and RIB
A quick catch-up on recent happenings, starting with the sad news that the Managing Director of BETA CAE Systems SA, Christos Kolovos, passed away on December 7. He was one of founders of BETA CAE and was a member of the Boards of Directors of several group...
Bentley goes open, open source that is
In October, at its Year in Infrastructure event, Bentley Systems announced that part of its vision for AEC industry interoperability would go open source. It was a big deal announcement and deserves more than the mention I was able to give it at the time.First, what...
Autodesk’s FQ3: 4M subscribers, double prior max users
Last week’s announcements by Autodesk can be divided into two parts: the acquisition of PlanGrid, which I’ve written about here, and the earnings themselves, which we’ll cover below. PlanGrid isn’t yet part of Autodesk, so doesn’t fit...
Autodesk+PlanGrid is a big bet on construction digitalization
What does almost one billion US dollars buy? In Autodesk’s case, PlanGrid. Yesterday, as part of its quarterly earnings, Autodesk announced that it will acquire the privately-held PlanGrid for $875 million, net of acquired cash. That’s a heck of a lot of...
AVEVA’s H1 benefits from solid execution
Q: How do you put together two very different companies, in the hope that 1+1 > 2?A: Very carefully.AVEVA today reported that revenue for the first half of fiscal 2019 were £343 million, up 11% as reported and up 14% in constant currencies (cc). Excluding the boost...
