United Kingdom

Nemetschek buys U.S. software maker Risa for $24.9 mln

Friday, 13 Oct 2017 

Oct 13 (Reuters) - Nemetschek SE :Says acquires leading U.S. software provider Risa for structural engineering.Says ‍high-level strategic fit to strengthen Nemetschek's position in U.S. structural market​.Says ‍purchase price amounts to about $24.9 million (cash-/debt-free)​.Says ‍financing of purchase price is provided mainly by company's own capital resources and by use of credit lines​.Says ‍acquisition occurs via a subsidiary of Nemetschek and is expected to be closed in October 2017​. 

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