So much news: acquisitions, divestitures, non-deals and an appreciation
So much news: acquisitions, divestitures, non-deals and an appreciation Last week, I was in the Cotswolds in England. It was gorgeous; I’ll tell you more about it some other time — but, oh my goodness, the PLMish world kept going! Yes, there’s lots of earnings news,...
Autodesk moves into proptech with AEC deals
Autodesk moves into proptech with AEC deals Autodesk announced last night that it will acquire partner company Payapps for an undisclosed amount. Payapps (aka GCPay in North America) makes a cloud-based solution that automates the payment process between general...
Nemetschek hits 2022 revenue target — just
Nemetschek hits 2022 revenue target — just Nemetschek announced preliminary results for fiscal 2022 earlier today, indicating that business slowed slightly in Q4. For 2022, the company reported revenue of €802 million, which means Q4 revenue of €203 million...
Hexagon to buy SaaS-based Projectmates for construction offering
Hexagon to buy SaaS-based Projectmates for construction offering Remember years ago when Hexagon first said it was interested in expanding from design into construction? Given its strength in plant design, this was a natural progression. But the companies that build...
Deals, Deals, Deals: Hexagon & Ansys acquire tuck-ins, even as VCs slow their roll
Deals, Deals, Deals: Hexagon & Ansys acquire tuck-ins, even as VCs slow their roll PLMish companies continue to add incrementally to their offerings, though none has made a big, game-changing acquisition in a while. Today, Ansys said that it was adding thermal...
3 on a Wednesday: Altair, Dassault Systèmes, and Trimble all acquire tech tuck-ins
3 on a Wednesday: Altair, Dassault Systèmes, and Trimble all acquire tech tuck-ins Venture funding may be drying up a bit, and valuations coming down just a little mean acquisition time. Three deals were announced in the last 40 hours or so: Altair announced that it...
Nemetschek invests in 4th startup in 14 months
Nemetschek invests in 4th startup in 14 months The Nemetschek Group announced that it has invested in SymTerra, a UK startup working on a construction site communications platform. Nemetschek says SymTerra’s communication platform “allows easy, instant, and...
5 on a Friday: Construction app sees investment; earnings from AspenTech, Rockwell, SAP, Software AG
5 on a Friday: Construction app sees investment; earnings from AspenTech, Rockwell, SAP, Software AG Interest in digitizing the construction industry remains high. On Monday, ConstructSecure announced that it secured a $96 million investment led by Summit Partners....
