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Bentley Systems | November 18, 2021
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced that it has entered into a definitive agreement to acquire 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. The consideration is payable, at BSY’s election, in cash or a combination of cash and BSY stock. As an established subscriptio...
PBC Today | March 18, 2020
UK construction and civil engineering is one of the least prepared industries to work from home, figures released by Leesman show. Leesman has surveyed more than 700,000 employees worldwide. Of the 19,906 of those working in the UK construction and civil engineering space within its index, 49% have no home working experience, compared with 52% of overall respondents globally. Many British businesses have released Covid-19 contingency plans including compulsory home working policies, and some hav...
Embedded Tech
LightRiver | July 04, 2022
LightRiver, the premier optical network integration solution provider for next generation, multi-vendor, Factory Built Networks® and netFLEX® Transport Domain Orchestration and Control Software solutions, announced today a new executive appointment of Scotty Benda as Chief Product Officer. The appointment will strengthen LightRiver's leadership team as it further maximizes market opportunities in the era of open optical networking and automation, accelerate the Company's growth a...
Automotive News | April 01, 2020
It is extraordinary for a technology to have the opportunities and disruption potential that autonomous vehicles will have over the next decades. Market opportunities worth trillions of dollars are forecast to emerge across transportation segments and different AV use cases. Tens of billions of dollars have been invested by high-tech companies, startups, auto manufacturers, their supply chains and many other companies-with more to come. To give perspective, the table below summarizes the potenti...
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