RIB Software

RIB Software SE
Public
Traded as RSTA
Industry Computer software
Founded Stuttgart, Germany (1961)
Headquarters Stuttgart, Germany
Key people
 Thomas Wolf (CEO)
Products constructional software & BIM software
Revenue Increase Euro 97.9 million (FY 2016)[1]
Increase Euro 33.0 million (FY 2016)[1]
Increase Euro 14.4 million (FY 2016)[1]
Total assets Increase Euro 355.4 million (FY 2016)[1]
Total equity Increase Euro 291.8 million (FY 2016)[1]
Number of employees
 765 (Dec 2016)[1]
Website rib-software.com

RIB Software SE is a Germany-based multinational company providing construction and building information modelling (BIM) software to customers in the architecture, engineering, real estate, and process industries. RIB's iTWO is a cloud-based Big Data BIM 5D enterprise solution for building and construction, creating a working method that integrates 5D virtual construction into physical construction from end to end.

History

RIB was founded in Stuttgart in 1961 and listed on the Frankfurt Stock Exchange in 2011.[2] RIB’s headquarters is located in Stuttgart, with over 30 offices and around 800 employees worldwide. RIB topped the 2016 German SME TOP 100 list.[3] RIB Software AG entered into a European Stock Company (Societas Europaea, SE) in April 2017, and now trades as RIB Software SE.[4]

Products

RIB provides software to large construction companies, developers and owners, architectural offices and engineering companies, and to the process industries.

  • RIB iTWO - integrated 5D end to end enterprise solution
  • RIBTEC - structural engineering software
  • STRATIS - road construction and civil engineering

Industries

  • Architecture, engineering and construction
  • Process and energy / EPC
  • Public and government sector
  • Manufacturing
  • Infrastructure

Acquisitions

In 2012, RIB made three acquisitions: firstly, it purchased Memphis, Tennessee, United States-based estimating software business, MC².[5] Secondly, on 30 September it announced that it had taken a majority stake in Sydney, Australia-based project management software company, ProjectCentre.[6] Lastly, RIB acquired the controlling interest of U.S.COST in November.[7]

In August 2013, RIB acquired a majority stake in Cosinus Informationssysteme GmbH, a provider of Microsoft Dynamics NAV.[8]

In 2014, RIB acquired Denmark-based SaaS construction collaboration technology provider Docia,[9] and a 75% stake in Iceprice, provider of an E-Commerce platform for the building and construction industry.[10]

In July 2015, RIB acquired Spanish construction software company Soft SA.[11]

In November 2016, RIB acquired 25% of the shares of Exactal Group Limited, a Hong Kong-based software producer for the construction industry.[12]

References

  1. 1 2 3 4 5 6 "RIB Annual Report 2016" (PDF).
  2. ↑ "RIB Software AG | Equity | A0Z2XN | DE000A0Z2XN6 | Börse Frankfurt (Frankfurt Stock Exchange)". Boerse-frankfurt.de. Retrieved 2012-09-24.
  3. ↑ "Das sind die besten deutschen Unternehmen".
  4. ↑ "RIB Software AG accomplishes the conversion into a European Stock Company".
  5. ↑ "RIB Software acquires Memphis-based MC2".
  6. ↑ Bingemann, Mitchell. "ProjectCentre's sale to RIB boosts software jobs".
  7. ↑ "RIB Software AG: Strategic Acquisition of U.S. COST, Atlanta, Georgia".
  8. ↑ "RIB Software AG : RIB Software AG: M&A Deal No.4, Strategic Acquisition of Cosinus Informationssysteme GmbH, Freiburg".
  9. ↑ "RIB Software acquires Docia".
  10. ↑ "RIB Software AG (RSTA) starts xTWO market, the first independent B2B marketplace for the construction".
  11. ↑ "RIB Makes a Big Move into Spanish Speaking Markets by Acquiring Soft SA, the Spanish and Latin American Market Leader".
  12. ↑ "RIB acquires 25% of the shares of Exactal Group Limited".
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