Tag: RIB Software

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 …

Continue reading

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

RIB revenue up 42% so far in 2020

RIB logo

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 …

Continue reading

Permanent link to this article: https://extranetevolution.com/2020/08/rib-revenue-growth/

RIB Software invests in Chinese tech developer

Bochaosoft portfolio

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 …

Continue reading

Permanent link to this article: https://extranetevolution.com/2020/06/rib-software-invests-chinese-tech-developer/

RIB Software grew 57% in 2019

RIB 2019 metrics

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 …

Continue reading

Permanent link to this article: https://extranetevolution.com/2020/04/rib-grows-57-2019/

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 …

Continue reading

Permanent link to this article: https://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 …

Continue reading

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

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 …

Continue reading

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

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 …

Continue reading

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

RIB buys CCS to build African base

CCS BuildSmart

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 …

Continue reading

Permanent link to this article: https://extranetevolution.com/2019/07/rib-buys-ccs-to-build-african-base/

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 …

Continue reading

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

Load more