Nemetschek Enters Operations Management Sector with MCS Acquisition
Emily Pollock posted on September 03, 2018 |
The Nemetschek Group is already a major name in Building Information Modelling. With the acquisition of MCS Solutions, they’ve made their first foray into operations management. (Image courtesy of Vectorworks.)
Software giant The Nemetschek Group announced that it had acquired MCS Solutions, a company specializing in software for building and workplace management. The acquisition is significant because it marks Nemetschek’s entry into the building operations management market.
On August 28th, Nemetschek announced that it bought 100% of MCS’ shares, meaning that they effectively own the company. MCS’ main claim to fame is its Integrated Workplace Management System (IWMS), which covers core competencies in building and workplace management for large organizations. The company had also developed a smart building platform called COBUNDUTM, which uses IOT sensors to monitor service delivery and find any inefficiencies. The company is currently serving over 1.5 million active users, most of them on a subscription-based model.
“For MCS, the acquisition means accelerated growth into international markets by benefiting from Nemetschek’s global customer and partner access, without changing its motivating culture and identity,” Koen Matthijs, CEO of MCS Solutions, said upon the announcement of the merger. “For our customers, it allows…