Apr 06 2021
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. …
Permanent link to this article: https://extranetevolution.com/2021/04/rib-grows-revenues-24-2020/
Aug 25 2020
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 …
Permanent link to this article: https://extranetevolution.com/2020/08/rib-launches-connex-platform/
Aug 05 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
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
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
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
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
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
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 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/
