Tag: Germany

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: https://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/

thinkproject grows revenues 25% in 2019

Gareth Burton (think project! CEO)

Germany’s thinkproject increased its revenue by more than 25% in 2019 and anticipates continued double-digit revenue growth in 2020. Munich-based thinkproject, which describes itself as “Europe’s leading construction and engineering SaaS provider”, increased its revenue by more than 25% in 2019. Following profitable growth in the international construction software market, recent acquisitions, and continued investment …

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Permanent link to this article: https://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/

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: https://extranetevolution.com/2020/01/rib-invests-revit-pioneer-vim-aec/

ThinkProject adds German reseller for DESITE BIM

DESITE from Ceapoint

thinkproject, the Munich, Germany-based provider of Software-as-a-Service technologies to the construction and engineering sectors, has announced a partnership with Mensch und Maschine Software (M+M – also known in English-speaking markets as Man and Machine). Under the deal, M+M – a 1000-strong supplier of computer-aided design and manufacturing, product data management, and building information modelling applications …

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Permanent link to this article: https://extranetevolution.com/2020/01/thinkproject-german-reseller/

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: https://extranetevolution.com/2019/11/rib-continues-ma-programme/

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: https://extranetevolution.com/2019/11/thinkproject-acquires-german-cde-specialist-conclude/

HoloBuilder builds its European backing

US-based 360° reality capture technology provider HoloBuilder has announced new investments from three Germany backers to help fuel the construction technology business’s international growth. Having established an EU hosting base, the US’s HoloBuilder is extending its European operation still further. The artificial intelligence (AI) solution provider for 360° reality capture of construction projects, has announced …

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Permanent link to this article: https://extranetevolution.com/2019/08/holobuilder-builds-european-backing/

RIB invests in India IoT and AI specialist Winjit

Continuing its 2019 spending spree and extending its international footprint still further, Germany’s RIB Software has taken a 15% stake in an Indian tech company, Winjit. In the latest in a series of 2019 investments, RIB Software, the Stuttgart, Germany-based provider of cloud-based technologies for the construction and real estate industries, has announced that it …

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Permanent link to this article: https://extranetevolution.com/2019/08/rib-invests-india-iot-ai-specialist-winjit/

RIB buys into US building spec vendor BSD

Melville, Anderson, Wolford

RIB Software invests US$42m to acquire 60% of USA-based BSD (Building Systems Design), strengthens its estimating and product data technologies, and gets a bridgehead in north America. RIB Software, the Stuttgart, Germany-based provider of cloud-based technologies for the construction and real estate industries has invested US$42m to acquire 60% of the Atlanta, USA-based BSD (Building …

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Permanent link to this article: https://extranetevolution.com/2019/06/rib-buys-into-us-building-spec-vendor-bsd/

Burton is new think project! CEO

Gareth Burton (think project! CEO)

In “an evolutionary step,” think project! announces Gareth Burton as its new CEO, and the AEC software-as-a-service vendor continues to grow revenues. Cloud-based Common Data Environment (CDE) provider think project! has today announced the appointment of Gareth Burton as chief executive officer (CEO). Formerly the CIO of UK contractor Laing O’Rourke and, since January 2018, …

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Permanent link to this article: https://extranetevolution.com/2019/05/burton-think-project-ceo/

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