Tag: US

Egnyte targets UK CDE market

Egnyte lifecycle ecosystem

Egnyte is targeting its enterprise file sync and sharing platform at architecture, engineering and construction, positioning itself as an ‘agnostic CDE’. Attending the first day of the FutureBuild 2020 trade show in London earlier this month, I noticed an Egnyte stand among the digital exhibitors. Stepping on to the stand, I briefly met Andrew Martin, …

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Permanent link to this article: http://extranetevolution.com/2020/03/egnyte-targets-uk-cde-market/

Bentley buys GroupBC

GroupBC screens

The latest consolidation in the global SaaS construction collaboration marketplace has seen Reading, UK-based GroupBC acquired by the US giant AEC software vendor Bentley Systems for an undisclosed amount. Jointly announcing the deal today (11 March 2020 news release), Bentley Systems says the two companies’ software solutions have been deployed for complementary purposes to improve project …

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Permanent link to this article: http://extranetevolution.com/2020/03/bentley-buys-groupbc/

Schneider Electric makes €1.4 bn bid for RIB Software

Proposed Schneider RIB fit

Directors of Stuttgart, Germany-based RIB Software have urged shareholders to agree a €1.4 billion bid from Schneider Electric. Stuttgart, Germany-based RIB Software, which has been expanding its footprint in the architecture, engineering and construction (AEC)  Software-as-a-Service space in recent years, is the subject of a €29 per RIB share from Schneider Electric, valuing the 1200-strong …

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Permanent link to this article: http://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/

RIB invests in VIM AEC

VIM graphic

Germany’s RIB has invested in north America’s VIM AEC, an augmented reality startup founded by ex Revit executive Arol Wolford. After a busy 2019 during which Stuttgart-based RIB Software made several significant investments and acquisitions growing both its geographical footprint and its product portfolio, it has started 2020 in similar style (though few details of …

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Permanent link to this article: http://extranetevolution.com/2020/01/rib-invests-revit-pioneer-vim-aec/

Buildots: site visual data capture

buildots error demo

Tel Aviv-based Buildots uses 360-degree wearable cameras and AI for “automated detection of schedule and design discrepancies.” At October’s Digital Construction Week 2019 trade show in London, I spotted Israeli startup Buildots among the exhibitors. I didn’t have chance to learn more then, but the company presented at December’s COMIT community day (held in IFS‘s …

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Permanent link to this article: http://extranetevolution.com/2019/12/buildots-site-visual-data-capture/

Newforma acquires EleVia

Brock Philp, Newforma CEO

Newforma, the US-based provider of hybrid (on-premise and cloud) project information management technology backed since mid 2017 by Battery Ventures, has announced the acquisition of Minneapolis-based EleVia, a financial software company for the architecture and engineering vertical market (no deal value given). Founded in 2016, EleVia delivers and supports software that facilitates key financial and …

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Permanent link to this article: http://extranetevolution.com/2019/12/newforma-acquires-elevia/

Is contech a subset of proptech (or vice-versa)?

Industry digitisation in Europe

Some writers seem to regard contech as a small subset of proptech, but data created during asset delivery will be a foundation for many future proptech transactions. I recently subscribed to a proptech newsletter from James Dearsley’s online community Unissu, wanting to understand a little more about how the real estate world is developing, using …

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Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/

RIB continues M&A programme

Datapine laptop image

Germany’s RIB Software has invested in another India-based software business, bought a German business intelligence specialist, and acquired an Australian reseller. Stuttgart, Germany-based RIB Software, provider of enterprise software for the building, construction and real estate industries, has made a flurry of recent announcements, including another investment in an India-based software business, the purchase of a …

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Permanent link to this article: http://extranetevolution.com/2019/11/rib-continues-ma-programme/

Kreo freemium model grows user base

Kreo View screengrab

London-based Kreo has adopted a Freemium model to grow early adoption of its SaaS BIM software. Just over a year since launching (post), London-based startup Kreo‘s cloud-based software platform supporting building information modelling (BIM) using artificial intelligence (AI) and machine learning has started to grow a strong user base. One factor has been its adoption …

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Permanent link to this article: http://extranetevolution.com/2019/11/kreo-freemium-model-grows-user-base/

thinkproject acquires German CDE specialist Conclude

Conclude cost control

Construction and engineering SaaS provider thinkproject has acquired fellow German CDE specialist Conclude, adding 5D BIM capability to the group’s portfolio. Munich-based Software-as-a-Service construction collaboration technology provider thinkproject has acquired 100% of fellow German common data environment (CDE) specialist Conclude GmbH (read announcement). No deal value has been disclosed. Based in Wuppertal near Dusseldorf, Conclude …

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Permanent link to this article: http://extranetevolution.com/2019/11/thinkproject-acquires-german-cde-specialist-conclude/

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