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Engineering Tech
Bentley Systems | February 01, 2022
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced the completion of its acquisition of Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million in cash (for a debt free business and subject to final working capital adjustments). When announcing its full year 2021 operating resu...
IoT
Autodesk, Inc. | March 30, 2022
Autodesk, Inc. today announced the release of Bridge. This new collaboration tool enables construction teams to share only relevant data with project stakeholders, regardless of whether they are in the same team or working on the same project in Autodesk Construction Cloud. Bridge empowers teams to maintain control over their own project data sets by allowing them to share selected sheets, folders, and files with collaborators without sharing all project data. Bridge's enhanced collaboration...
Products, Materials, Construction
Colony Hardware | March 06, 2023
Colony Hardware, a leading direct-to-jobsite distributor of jobsite supplies and construction materials, has declared the acquisition of a South Carolina-based entity New South Construction Supplies, LLC (New South). It is a value-added distributor of concrete, rebar, waterproofing products, masonry, and contractor supplies. Since forming a partnership with Audax Private Equity in November 2018, Colony has made a total of 12 acquisitions, the most recent being this one. ...
Discover Magazine | May 14, 2020
When the empire state building was completed in 1931, the 102-story skyscraper ranked as the tallest in the world, a beacon of American progress as well as a lightning rod for Midtown Manhattan. And the material that made it possible was steel - or so people believed until 2015, when Canadian architect Michael Green showed that an identical structure could be fabricated out of timber. Green was not proposing replacing the 20th-century icon. His plans are far more radical. Green wa...
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