Acquisition

Bentley Systems to acquire Seequent for $1.05 Billion

The company says the deal will advance environmental resilience by “deepening” Infrastructure Digital Twins. Bentley Systems has announced plans to acquire Seequent, a well-known provider of geospatial tools, geophysical modeling, and geotechnical stability mining based in Christchurch, New Zealand. The company’s clients are heavily represented in the mining industry, and in civil engineering. Bentley will pay $1.05 billion and plans … Read more

Autodesk is acquiring Innovyze for water infrastructure solutions

Autodesk has announced the acquisition of Innovyze, a water infrastructure software company, for $1 billion in cash. Surpassing Autodesk's PlanGrid acquisition for $875 million in 2018, this is the biggest acquisition in Autodesk’s history. The company will enable Autodesk to strengthen its position in the water and wastewater infrastructure industry. Innovyze is headquartered in Portland, Oregon. The company provides smart water … Read more

PTC acquires Migenius for the growing Onshape family

The Perrinn Project 424 is an open-source race car project and a collaboration that includes OnShape, Simscale, and Migenius. (Source: Perrinn Project 424)   Migenius, founded in 2010 by Paul Arden, was a pioneer company and one of the first to take advantage of the Mental Images’s cloud-based rendering technology RealityServer, which is based on iRay. Migenius took over packaging … Read more