Tag: Germany

Reality capture, BIM and AI – Imerso, XYZ Reality and PointFuse

Nemetschek has led a financing round for Norway’s Imerso, whose platform combines reality capture, AI and BIM – areas also targeted by UK players XYZ Reality and PointFuse. Having invested in June 2021 in Sablono (post) [Update: and in July 2021 in US-based AI developer Reconstruct*], Germany-based Nemetschek Group has led a financing round  [financial …

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Permanent link to this article: http://extranetevolution.com/2021/12/reality-capture-bim-and-ai-imerso-xyz-reality-and-pointfuse/

RIB Software: leadership changes

RIB regional revenues, 2020

Stuttgart, Germany-based RIB Software − since July 2020 part of French multinational Schneider Electric (post) − has announced that René Wolf will become managing director and CEO of the company with effect from 1 February 2022, succeeding Tom Wolf, who will step down as MD on 31 March 2022. René Wolf, 47,  has many years of …

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Permanent link to this article: http://extranetevolution.com/2021/07/rib-software-leadership-changes/

FARO acquires Holobuilder

HoloBuilder JobWalk Planner

California-based Holobuilder, a pioneer in AEC 360-degree photogrammetry, has been acquired by FARO Technologies in a US$34 million deal. FARO Technologies has invested $US34 million to acquire HoloBuilder, the San Francisco, US-based 360-degree reality capture technology developer. The Florida, US-based corporation known for its 3D measurement, imaging, and realisation solutions for architecture, engineering and construction, says: …

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Permanent link to this article: http://extranetevolution.com/2021/06/faro-acquires-holobuilder/

Nemetschek invests in Sablono

The Nemetschek Group has participated in a series A financing round of the fast-growing German contech startup Sablono, while also expanding its own SaaS operations. Berlin, Germany-based Sablono, described by Nemetschek as a “market leader in digital lean technology for construction enterprises”, raised €5.3 million, and plans to accelerate its international growth (read news release). …

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Permanent link to this article: http://extranetevolution.com/2021/06/nemetschek-invests-sablono/

thinkproject appoints new CEO

Patrik Heider

German SaaS construction technology vendor has appointed former Nemetschek executive Patrik Heider as its CEO and further strengthened its board. Former Nemetschek executive Patrik Heider has been appointed as the new CEO of Munich, Germany-based construction collaboration SaaS technology provider thinkproject Heider, right, has held roles at PwC and the Hoffman manufacturing group, and spent …

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Permanent link to this article: http://extranetevolution.com/2021/04/thinkproject-appoints-new-ceo/

thinkproject acquires UK-based Formworks

Formworks website

thinkproject completes its second major UK acquisition to grow its mobile construction field data capture capabilities. Munich, Germany-based construction collaboration SaaS technology provider thinkproject recently announced (6 April 2021) its acquisition (for an undisclosed amount) of the London-based software developer, Digital Field Solutions, creator of the mobile application Formworks. The deal comes nearly three years …

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Permanent link to this article: http://extranetevolution.com/2021/04/thinkproject-acquires-uk-based-formworks/

RIB Group grows revenues 24% in 2020

RIB regional revenues, 2020

Germany’s RIB Group grew its revenues 24% to €254.6 million in 2020, despite a slowdown due to the COVID-19 pandemic and a reduction in its M&A activities. International expansion means over a quarter of revenue now derives from north America. Stuttgart, Germany-based RIB Group has announced its results for the year ending 31 December 2020. …

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Permanent link to this article: http://extranetevolution.com/2021/04/rib-grows-revenues-24-2020/

EQT takes majority stake in thinkproject

thinkproject portfolio

European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …

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Permanent link to this article: http://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/

RIB launches Connex platform

RIB Connex mobile workflows

RIB Software’s Scandinavian development team in Copenhagen has been extending the capabilities of the former Docia toolset, applying an ‘open BIM’ approach to delivering new Connex BIM functionality. Stuttgart, Germany-based RIB Software, now part of the French Schneider Electric group, has expanded through a series of acquisitions in recent years, while also growing its Software-as-a-Service …

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Permanent link to this article: http://extranetevolution.com/2020/08/rib-launches-connex-platform/

Resolving extends mobile-first approach internationally

Resolving screengrabs

Well-established in France, Resolving is extending its mobile-first application to support international markets and BIM-based processes. The solution captures field progress, conformity inspections, commissioning and other field activities. There have been numerous changes of ownership among the leading vendors of Software-as-a-Service construction collaboration technologies in recent years. The spate of mergers and acquisitions has also …

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Permanent link to this article: http://extranetevolution.com/2020/08/resolving-mobile-first-collaboration/

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