Nemetschek Acquires Bluebeam Software

Words: Dan KamysNemetschek Acquires Bluebeam Software

German software provider Nemetschek AG is acquiring Bluebeam Software Inc., the developer of PDF-based collaboration solutions for the architecture, engineering and construction (AEC) industry, for a $100 million purchase price.

“Today is an exciting day for Bluebeam Software and Bluebeam users alike,” said Richard Lee, Bluebeam Software CEO. “With its Open BIM philosophy, Nemetschek is committed to making project information available to everyone, a belief strongly held by Bluebeam as well. I look forward to working together to make digital project collaboration easier than ever.”

Nemetschek, Munich, is a software provider for the AEC industry. With its 11 brands including Vectorworks and Graphisoft, the Nemetschek Group now serves more than 1.2 million users in 142 countries from more than 40 locations worldwide. Founded in 1963 by Professor Georg Nemetschek, the company has been publicly listed since 1999 and quoted on the TecDAX. The company achieved revenues of EUR 185.9 million and an EBITDA of EUR 46.3 million in the 2013 financial year.

Both firms focus on enabling project teams to build better by digitizing project information. Bluebeam is used by 74% of Top US Contractors and 64% of Top US Design Firms, according to Engineering News-Record Top 50 firm rankings. Nemetschek solutions offer the world sustainable information technologies in all project phases and along the complete value chain.

With this acquisition, Nemetschek strongly reinforces its market presence in North America. Likewise, Bluebeam now has access to Nemetschek’s extensive European and Asian markets as the two organizations work together to make global project collaboration a reality, from project start to finish.

“Bluebeam is a perfect addition that strengthens our solution portfolio across the life cycle in the building process by adding drawing-based workflows to augment our model-based BIM workflows. As a result of the acquisition, we reinforce our goal of rising to become the world-leading open standards provider in the AEC market,” said Patrik Heider, CFOO and Spokesman of Nemetschek AG.

Bluebeam will continue operating with its current management team and as an independent brand company. The acquisition is expected to be completed in October 2014.

Westlake Royal Building Products™ Expands Partnership with Boise Cascade® for Cedar Renditions™ and Versetta Stone® Distribution

Westlake Royal Building Products™ (“Westlake Royal”), a Westlake company (NYSE:WLK), today announced an expanded partnership with Boise Cascade®, a leading manufacturer and distributor of building materials throughout North America. Strengthening Westl

Four Different Types of Natural Stone Used For Masonry

Natural stone has been a staple in masonry for centuries. Before it was used to transform home and landscape designs on residential properties, it was used for historical buildings and some of the most iconic destinations in the world.

Advice to the Beginners

The best advice I could give anyone that is starting a career in masonry is that first and foremost, you must "know" yourself. What do you like to do? What would you like in a working environment? Do you like to be outside? Do you enjoy physical activity

About: Featured
Masonry Safety Inspections

The look of confusion and utter loss on people’s faces when I tell them that I’m a safety inspector for a masonry company is often hilarious.

About: Safety