M&A Deal Summary

Bentley Acquires Orbit Geospatial Technologies NV

On October 20, 2019, Bentley acquired information technology company Orbit Geospatial Technologies NV

Acquisition Highlights
  • This is Bentley’s 3rd transaction in the Information Technology sector.
  • This is Bentley’s 1st transaction in Belgium.

M&A Deal Summary

Date 2019-10-20
Target Orbit Geospatial Technologies NV
Sector Information Technology
Buyer(s) Bentley
Deal Type Add-on Acquisition

Target

Orbit Geospatial Technologies NV

Lokeren, Belgium
Orbit Geospatial Technologies NV (Orbit GT nv) offerings help users efficiently manage, process, and share very large amounts of imagery, point cloud, and 3D (mobile, oblique, terrestrial, UAS, indoor) mapping data for use with reality modeling and digital twins.

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Buyer(S) 1

Buyer

Bentley

Exton, Pennsylvania, United States

Category Company
Founded 1984
Sector Software
Employees5,500
Revenue 1.4B USD (2024)
DESCRIPTION

Bentley is a software development company that supports the professional needs of those responsible for creating and managing the world’s infrastructure, including roadways, bridges, airports, skyscrapers, and industrial and power plants, as well as utility networks. Bentley delivers solutions for the entire lifecycle of the infrastructure asset, tailored to the needs of the various professions: the engineers, architects, geospatial professionals, planners, contractors, fabricators, IT managers, operators, and maintenance engineers: who will work on and work with that asset over its lifetime. Comprised of integrated applications and services built on an open platform, each solution is designed to ensure that information flows between workflow processes and project team members to enable interoperability and collaboration. Bentley was founded in 1984 and is based in Exton, Pennsylvania.


DEAL STATS #
Overall 22 of 41
Sector: Information Technology M&A 3 of 5
Type: Add-on Acquisition M&A Deals 21 of 40
Country: Belgium M&A 1 of 1
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-20 Citilabs

Sacramento, California, United States

Citilabs, Inc. CUBE simulation software provides world-leading predictive transportation technology, helping engineers and planners to design and optimize safe, efficient, effective, and environmentally sustainable mobility systems. Citilab's Streetlytics provides mobility data and analytics on the moving population within the U.S. and Canada for planners, engineers, and infrastructure asset managers to make data-informed decisions about transportation trends.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-11 GroupBC

Berkshire, United Kingdom

Business Collaborator Ltd. is a provider of building information modelling (BIM) software tools, designed to ease the transition of asset construction and maintenance projects to an interactive paperless environment. Business Collaborator Ltd. was formed in 1998 and is based in Berkshire, United Kingdom.

Buy -