Tag: Schneider Electric

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 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/