Bentley Systems Enters into $1 05 Billion Agreement to Acquire Seequent, Global Leader in 3D Modeling Software for the Geosciences - sUAS News suasnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from suasnews.com Daily Mail and Mail on Sunday newspapers.
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that it has entered into a definitive agreement with investors led by Accel-KKR to acquire Seequent—a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration—for $900 million in cash, subject to adjustment, plus 3,141,361 BSY Class B shares. The acquisition of Seequent is expected to initially add approximately 10% to each of Bentley Systems’ key financial metrics (ARR, annual revenue, and EBITDA) and is expected to be measurably accretive to Bentley’s organic growth rate. Most significantly, the combination will deepen the potential of infrastructure digital twins to help understand and mitigate environmental risks, advancing resilience and sustainability.
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FCC Approves Transfer of Licenses Related to AVANGRID’s Proposed PNM Resources Merger
March 11, 2021 GMT
ORANGE, Conn. (BUSINESS WIRE) Mar 11, 2021
AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that it has received the approval of the transfer of operating licenses from the Federal Communications Commission (FCC) related to the proposed PNM Resources (NYSE: PNM) merger.
“We are pleased with the continued progress of the required regulatory approvals for this transaction,” said Dennis V. Arriola, CEO of AVANGRID. “Combining AVANGRID and PNM Resources will bring together two companies committed to a clean energy future with a transaction that will deliver tangible benefits for customers in New Mexico and Texas.”
VISTA GLOBAL CEMENTS ITS POSITION AS THE LEADER IN AIR MOBILITY AND ACCELERATES ITS MARKET SHARE WITH ACQUISITION OF APOLLO JETS | Comunicados | Edición USA efe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from efe.com Daily Mail and Mail on Sunday newspapers.
Apollo Jets is the latest in a series of acquisitions for Vista Global, allowing more clients than ever before to benefit from its technology and fleet solutions. This follows from the successful acquisitions