GPS + drills = Trimble’s vision

Jul 14, 2011 | Hot Topics

Back in May, Trimble Navigation announced that it wanted to acquire Tekla Corporation to build out its vision of a connected construction site. Yesterday the company said that its Finnish subsidiary had acquired over 99% of Tekla’s outstanding shares, meaning...

Bentley shows what’s possible

Jun 3, 2011 | Hot Topics

Let’s just get it out there: I love user conferences. The marketing hype, neat stuff in the vendor/sponsor area, new product announcements, a motivational speaker … the whole thing. The best part, though, is hanging out with users. I talk to users all year long...

Trimble intends to acquire Tekla

May 9, 2011 | Hot Topics

Trimble Navigation today announced that it was launching an effort to acquire all outstanding shares of Tekla Corporation. The offer as stated today is for €15.00 per share in cash for a total of €337 million (about $489 million). This is a premium of 52% to Friday’s...

Tekla revenue up 23% in Q1

May 9, 2011 | Hot Topics

Tekla, a supplier of AEC software solutions, today announced solid revenue growth in the first quarter — and then Trimble, a supplier of navigation and surveying solutions, announced that it was interested in acquiring Tekla.First, Tekla’s results; Total revenue...

Bentley engineers the wind

Apr 7, 2011 | Hot Topics

Last month Bentley Systems announced the acquisition of the SACS business from Engineering Dynamics, and most people said, who? There wasn’t time then to answer the question, but today we can catch up a bit. Engineering Dynamics, Inc. was founded in 1973 by three...

More good news: Tekla, CENIT

Feb 11, 2011 | Hot Topics

A Bank of America Merrill Lynch report arrived in my inbox this morning with the title “Do earnings never end” — how true. Here are two quick notes on today’s announcements to keep you up-to-date while I finish going over the results reported by Dassault...

Strong license growth lifts Tekla

Nov 24, 2010 | Hot Topics

Tekla Group has announced that license growth of about 30% contributed to overall revenue growth of 14% for the year through September 2010, with total revenue of €41 million. Third quarter revenue was €13.62 million, an increase of 16% over a relatively weak Q3 2009....