DGAP-News: RIB Software AG: Strategic investments planned for the 2nd half of the year
(firmenpresse) - DGAP-News: RIB Software AG / Key word(s): Mergers&Acquisitions
RIB Software AG: Strategic investments planned for the 2nd half of the
year
05.07.2012 / 12:23
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RIB Software AG: Strategic investments planned for the 2nd half of the year
Technology company in advanced negotiations with software manufacturers
around the globe
STUTTGART, 5 July 2012. RIB Software AG plans to make strategic investments
in software companies in the EMEA, APAC and North America regions in the
second half of the year. The technology company, which claims to be the
market leader in BIM 5D software solutions for the global construction
sector, aims to make up to three acquisitions with an investment volume of
EUR 10 and 20 million in total.
RIB CEO Thomas Wolf: 'We are currently in negotiations with software
providers from Australia, China, the United States and various European
countries who are established in the field of cloud, collaboration and
content technology within these markets. According to their own
estimations, in the current financial year these companies will each
generate between one and five million euros with around 20,000 users. The
strategic aim is to expand our global customer base into the markets
important for the RIB Group, such as North America and Australia.'
RIB Software AG sees strategic investments in companies operating in the
construction software sector, which is heavily fragmented worldwide, as a
promising door-opener - especially into regional markets. With these
investments the company intends to significantly expand its international
customer base, thus resolutely pursuing the growth targets already
published at the time of its IPO.
About the RIB Group
With more than 15,000 customers, the Stuttgart-based RIB Group is one of
the largest software providers in the field of technical ERP solutions for
the construction industry. Established in 1961, RIB has attained a
market-leading position in Germany. The world's largest construction
companies, public administrations, architecture and engineering firms, and
large enterprises in the field of industrial and plant construction around
the globe optimise their planning and construction processes with the aid
of RIB software systems. RIB is represented by its own branches in EMEA,
North America, and APAC. Further information is available at
www.rib-software.com.
End of Corporate News
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05.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: RIB Software AG
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone: +49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail:info(at)rib-software.com
Internet: www.rib-software.com
ISIN: DE000A0Z2XN6
WKN: A0Z2XN
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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176772 05.07.2012
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Datum: 05.07.2012 - 12:23 Uhr
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News-ID 162538
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