DGAP-News

Nemetschek SE acquires Design Data, a leading US provider of BIM 3D modeling software for steel structures

DGAP-News: Nemetschek SE / Key word(s): Takeover
Nemetschek SE acquires Design Data, a leading US provider of BIM 3D modeling
software for steel structures

28.07.2016 / 09:03
The issuer is solely responsible for the content of this announcement.

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Corporate News

Nemetschek acquires Design Data, a leading US provider of BIM 3D modeling
software for steel structures

- Design Data's SDS/2 software solution is the premium product for steel
detailing

- High-level strategic fit and significant extension of the AEC portfolio
in the structural workflow

- Considerable increase in competence as a multi-material provider in the
BIM market

Munich, July 28, 2016 - Software provider Nemetschek SE (ISIN DE0006452907)
has agreed today to acquire 100% of the shares of Design Data Corporation,
headquartered in Lincoln, Nebraska, USA.

Design Data is a leading provider of Building Information Modeling (BIM)
software solutions for the structural steel detailing industry. The BIM
software suite from Design Data provides sophisticated and complete
solutions covering the entire steel delivery workflow, from structural
calculations and detailing to fabrication and erection. Design Data's
flagship product, SDS/2 Detailing, offers the highest level of automation
and intelligence available in any 3D steel detailing package.

The customer base includes engineering design companies, steel fabricators,
general contractors and detailers. With around 4,000 users, Design Data
maintains a market share of around 45% in North America. As a strong
supporter of open standards, Design Data fits perfectly into the Nemetschek
philosophy by enabling collaboration of different software solutions across
the building process (Open BIM). At the same time, the Group's US image as
an Open BIM provider will be positively expanded.

Design Data was founded in 1981 and has 65 employees. Sales are made via
direct sales and a network of partners. For the last 12 months, Design Data
anticipates revenue amounting to around US $10 million. In keeping with the
strategic alignment of the Nemetschek Group, Design Data will continue to
be led by its current management as an independent brand company in the
future.

With the acquisition, the Nemetschek Group fills a last gap in its AEC
portfolio and expands its expertise in engineering detailing software for
steel. Nemetschek is now able to cover the complete structural workflow
from analysis and design (via the brand Scia), through detailing and
fabrication (Design Data) all the way to reviews and markup (Bluebeam). At
the same time, the steel structure solution expands on Nemetschek's current