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....
Quickie: Autodesk adds more estimating, Nemetschek adds digital sculpting
Quickie: Autodesk adds more estimating, Nemetschek adds digital sculpting It feels a bit like a year-end flush of deal pipelines, with Nemetschek and Autodesk announcing the fourth and fifth acquisitions just this week in our PLMish world: First, Autodesk said that it...
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...
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...
