Nemetschek acquires leading US software provider RISA
GRAPHISOFT parent Nemetschek Group has announced the acquisition of US software provider RISA Technologies, Inc., headquartered in Foothill Ranch, California. RISA offers ones of the most popular structural engineering suites in the US for multi-material structures such as steel, concrete, masonry and wood. With the acquisition of RISA, Nemetschek further establishes its commitment to delivering complete engineering workflows on the US market.
Munich, October 13, 2017 – Software provider Nemetschek SE (ISIN DE0006452907) has today agreed to acquire RISA Technologies, Inc., headquartered in Foothill Ranch, California, USA. The purchase is structured as an asset deal. RISA offers one of most popular structural engineering software suites in the US for multi-material structures such as steel, concrete, masonry and wood. With around 10,000 users, RISA has leading market share and is a key provider to top design firms in the US. RISA was acquired by the Nemetschek Group as part of Nemetschek’s worldwide structural engineering software strategy. Nemetschek already has a leading market position in the European structural analysis and design market via its brand SCIA. With the acquisition of RISA, Nemetschek further establishes its commitment to delivering complete engineering workflows in the US market.
Additionally, RISA’s large market share in the US will increase awareness of the Nemetschek Group in the US structural market, accelerate growth through close collaboration between the brands and support Nemetschek’s commercial strategies. “RISA is perfectly complementing our existing solution portfolio for the AEC industry. The acquisition of RISA, in combination with the strong position of SCIA in Europe, allows us to take a leap forward in significantly strengthening our market share in the worldwide structural market”, says Patrik Heider, Spokesman and CFOO of the Nemetschek Group.
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About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for the AEC (Architecture, Engineering, Construction) industry. With its 13 brands, the Nemetschek Group now serves more than 1.8 million users in 142 countries from more than 40 locations worldwide. Founded in 1963 by Professor Georg Nemetschek, the company focuses on innovations such as Open Building Information Modeling (Open BIM) for the AEC market of tomorrow. Publicly listed since 1999 and quoted on the TecDAX, the company achieved according to preliminary figures, revenues of EUR 218.5 million and an EBITDA of EUR 56.8 million in 2014.