Feb 13, 2020 | Hot Topics
Schneider Electric gets into construction, buys RIB How interesting: Schneider Electric just announced that it is buying RIB Software, the German maker of cloud and desktop solutions for AEC/construction projects, for €1.4 billion (a 6.5x revenue multiple). Why?...
Sep 20, 2019 | Hot Topics
So much news these days: TechCrunch reported yesterday that Siemens AG has participated in a $33 million Series B financing round at Built Robotics via its Next47 investment division, joining other investors Building Ventures, Founders Fund, Presidio Ventures, Lemnos...
Aug 22, 2019 | Hot Topics
I’ve been getting a lot of questions about AI –what is it, how do I use it, what data do I need to gather to feed the machine, what does it even MEAN?? (very angsty, usually in an “am I already behind” panic)– and thought I’d try to...
Jul 26, 2019 | Hot Topics
Nemetschek announced today that Q2 revenue was up 15% on an organic basis and 21% overall to €138 million. That’s very, very good but investors will likely focus on the fact that Q1 growth was 27% as reported (23% cc) and 21% on an organic basis. The details:...
Jul 10, 2019 | Hot Topics
You know that Autodesk invests in tech startups. Did you know that they also invest in makers of actual, physical things? Apparently, they do! Autodesk just announced that it has increased its investment in Factory_OS, a “volumetric modular construction...
Dec 20, 2018 | Hot Topics
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...
Dec 19, 2018 | Hot Topics
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...
