Q-Free sells parking division to concentrate on core business lines
The divestiture allows Q-Free to focus on traffic management and tolling while maintaining a collaborative partnership with the new owner. SAN DIEGO, CA – Q-Free (OSE: QFR), a global leader in mobility solutions for smart city infrastructure, today announced the sale of its parking division to the unit’s executive vice president, Dave Radford. Morten Andersson, Q-Free’s senior executive vice president of traffic management, says the sale will benefit all stakeholders. “At the company’s h...
Xylem Reports First Quarter 2021 Results
Revenue growth 12% on a reported basis, 8% organically Double-digit orders growth across all business segments, reflecting strong commercial momentum and underlying demand in critical infrastructure Adjusted EBITDA margin of 17.1%, up 480 basis points; net income as a percentage of revenue was 6.9%, up 350 basis points Reported net income of $87 million or $0.48 per share; adjusted net income of $102 million or $0.56 per share Raising full-year organic revenue guidance to a r...
Epiroc completes acquisition of software company for increased mine productivity
Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has completed the acquisition of MineRP, a software company specializing in increasing productivity for mines through integrated planning, execution and analytics. MineRP has offices in South Africa, Canada, Australia and Chile. The company supports large and medium-sized mines globally in strengthening and optimizing their operational efficiency by providing a leading so...
Bentley Systems Announces New Bentley Education Program, Putting Students on the Path to Infrastructure Careers
Students and Educators Entitled to Learning Licenses at No Cost! EXTON, Pa. – Bentley Systems, Incorporated, (Nasdaq: BSY), the infrastructure engineering software company, today announced the Bentley Education program, which encourages the development of future infrastructure professionals for careers in engineering, design, and architecture. The Bentley Education program is initially available in the United Kingdom, Australia, Singapore, Ireland, and Lithuania,...
MiTek Announces Realignment of Benson®, SidePlate™, and Ultra-Span® Structural Framing Solutions
Three leading structural framing brands will now be offered as part of the MiTek® portfolio of solutions and provide customers more value across the entire building industry CHESTERFIELD, Mo.- MiTek Inc., a Berkshire Hathaway company (NYSE: BRK-A,NYSE: BRK-B), today announces the realignment of three well-known brands providing structural framing solutions to the building industry. Driven by industry demand and organizational collaboration, these structural framing building solutions wi...
Hexagon selected by Munich for shared mobility solution
Partnership with Fujitsu to help city track bicycles, e-scooters and ridesharing companies (HUNTSVILLE, Ala.) — Hexagon’s Geospatial division announced today that the mobility department of Munich, Germany, has selected Hexagon to implement a smart monitoring system to better manage and understand the impacts of shared mobility services in the city. Hexagon will partner with Fujitsu to provide Munich a SaaS solution for tracking, visualizing and analyzing IoT data from a variety of mobili...
Bentley Systems Announces Acquisitions of sensemetrics and Vista Data Vision, Leaders Respectively in Software for Infrastructure Instrumentation and Sensor Management
To Accelerate the “Infrastructure IoT” Opportunity, for Living Digital Twins! EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Internet of Things (IoT) applications used extensively in infrastructure. sensemetrics and Vista Data Vision will expand the scope of the Bentley iTwin platform to add int...
Solmax enhances profile line at its Rechlin, Germany geosynthetics plant
Solmax is expanding its state-of-the-art manufacturing capabilities in Rechlin, Germany to produce PolyLock and Interlock polyethylene (LL/HDPE) profiles—extruded LL/HDPE concrete embedment strips that allow engineers and installers to securely and reliably set and anchor Solmax geomembranes to wet concrete. Says Allan Jackson, EMEA Sales Director, Solmax: “Our Rechlin plant supplies our clients across Europe, Middle East and Africa, producing millions of square meters of geosynthetics for u...
Woolpert Selected to Provide Topographic Map of Quarter of Nigeria for MinDiver Project
This $4.4M contract is through the Ministry of Mines and Steel Development and is funded by the World Bank. JOHANNESBURG, South Africa (April 28, 2021) — Woolpert has been selected to collect, process and deliver topographic mapping across more than one-quarter of Nigeria, or roughly 258,000 square kilometers, under a $4.4 million contract with the Ministry of Mines and Steel Development (MMSD). The project is part of the Mineral Sector Support for Economic Diversification Project, also known...
Bentley Acceleration Initiatives Acquires Indian Project Controls Specialist Nadhi Information Technologies
To Help Infrastructure Projects in Asia Manage Risks and Avoid Delays, Meet Demand for New Construction EXTON, Pa. – Bentley Acceleration Initiatives today announced the acquisition of Chennai, India-based Nadhi Information Technologies Pvt. Ltd., a specialist in project controls, analytics, and decision support for construction supply chains. Nadhi serves some of India’s leading construction sector participants, including contractors Larsen & Toubro and Kalpataru Power Transmission Ltd., rea...