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 …
Tag: RIB Software
Permanent link to this article: https://extranetevolution.com/2020/08/rib-launches-connex-platform/
Aug 05 2020
RIB revenue up 42% so far in 2020
Stuttgart, Germany-based RIB Software has been expanding its international footprint in the architecture, engineering and construction Software-as-a-Service space in recent years; Australia’s Projectcentre and Denmark’s Docia were among the group’s early SaaS acquisitions, and it has accelerated its M&A activities in recent years. Now 2,700-strong, it has enjoyed a strong first half of 2020 despite …
Permanent link to this article: https://extranetevolution.com/2020/08/rib-revenue-growth/
Jun 23 2020
RIB Software invests in Chinese tech developer
Germany’s RIB Software takes a controlling interest in China’s Bochaosoft, adding strong Asian power engineering industry player to its portfolio of products. Stuttgart, Germany-based RIB Software has invested US$28.57M to buy 51% of Bochaosoft, a 350-strong China-based electric power and engineering BIM design software company. RIB was the subject of a €1.4bn bid from France-based …
Permanent link to this article: https://extranetevolution.com/2020/06/rib-software-invests-chinese-tech-developer/
Apr 03 2020
RIB Software grew 57% in 2019
Revenues at Germany’s RIB Group grew 57% in 2019, and the company’s financial performance has also been detailed in a Reasoned Statement in response to Schneider Electric’s takeoever bid. The latest annual report and accounts from Stuttgart, Germany-based software provider RIB Group, for the year to 31 December 2019, shows revenue up over 57% on …
Permanent link to this article: https://extranetevolution.com/2020/04/rib-grows-57-2019/
Feb 16 2020
Schneider Electric makes €1.4 bn bid for RIB Software
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 …
Permanent link to this article: https://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/
Jan 31 2020
RIB invests in VIM AEC
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 …
Permanent link to this article: https://extranetevolution.com/2020/01/rib-invests-revit-pioneer-vim-aec/
Nov 06 2019
RIB continues M&A programme
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 …
Permanent link to this article: https://extranetevolution.com/2019/11/rib-continues-ma-programme/
Aug 08 2019
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 [updated} majority 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 …
Permanent link to this article: https://extranetevolution.com/2019/08/rib-invests-india-iot-ai-specialist-winjit/
Jul 02 2019
RIB buys CCS to build African base
RIB Software has announced the US$31.5m acquisition of a 70% shareholding in South Africa’s CCS, a cost estimation and project control software provider. The international expansion of Stuttgart, Germany-based RIB Software continues. The construction cloud technology provider has today (2 July 2019) has announced its acquisition of a 70% shareholding in South Africa’s CCS, a …
Permanent link to this article: https://extranetevolution.com/2019/07/rib-buys-ccs-to-build-african-base/
Jun 07 2019
RIB buys into US building spec vendor BSD
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 …
Permanent link to this article: https://extranetevolution.com/2019/06/rib-buys-into-us-building-spec-vendor-bsd/