Nemenschek acquires Bluebeam
Pasadena, Calif. - German software provider Nemetschek AG is acquiring Bluebeam Software Inc., a developer of PDF-based collaboration solutions for the architecture, engineering and construction (AEC) industry, for $100 million. Both firms focus on enabling project teams to build better by digitizing project information.
With this acquisition, Nemetschek reinforces its market presence in North America. Likewise, Bluebeam now has access to Nemetschek’s European and Asian markets as the two organizations work together to support global project collaboration.
Bluebeam will continue operating with its current management team and as an independent brand company. The acquisition is expected to be completed in October.