M&A Deal Summary

Bentley Acquires Vista Data Vision

On April 29, 2021, Bentley acquired software company Vista Data Vision

Acquisition Highlights
  • This is Bentley’s 23rd transaction in the Software sector.
  • This is Bentley’s 1st transaction in Iceland.

M&A Deal Summary

Date 2021-04-29
Target Vista Data Vision
Sector Software
Buyer(s) Bentley
Deal Type Add-on Acquisition

Target

Vista Data Vision

Reykjavik, Iceland
Vista Data Vision develops software for analyzing and managing project data, to be used in solving real-world engineering problems that required real-time or near real-time observations, and that could be configured by nontechnical users, with no software engineering required and no vendor lock-in. Vista Data Vision was founded in 1984 and is based in Reykjavik, Iceland.

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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 32 of 41
Sector: Software M&A 23 of 32
Type: Add-on Acquisition M&A Deals 31 of 40
Country: Iceland M&A 1 of 1
Year: 2021 M&A 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 sensemetrics

San Diego, California, United States

sensemetrics provides a standards-based approach for collecting, organizing, and structuring data from the physica. The sensemetrics platform is used extensively for real-time safety and risk monitoring in infrastructure, mining, and construction activities including to measure and visualize civil structural movement, for condition assessment, and to help detect and prevent damage. sensemetrics was founded in 2014 and is based in San Diego, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-14 SPIDA Software

Gahanna, Ohio, United States

SPIDA Software is a developer of specialized software for the design, analysis, and management of utility pole systems. SPIDA offers modeling, simulation, and data management software solutions to electric and communications utilities, and their engineering services providers, in the U.S. and Canada. SPIDA Software was founded in 2007 and is based in Gahanna, Ohio.

Buy -