Autodesk moves into proptech with AEC deals

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 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...
Nemetschek invests in 4th startup in 14 months

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...
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...
Hexagon to buy SaaS-based Projectmates for construction offering

Quickie: Bentley acquires for iTwin offering

Quickie: Bentley acquires for iTwin offering Bentley just announced that it is acquiring sensemetrics and Vista Data Vision, both of which make software for Internet of Things (IoT) applications targeted at infrastructure use cases. Bentley says the companies will...