The group has undertaken a placing to raise £2.25m in order to part-fund the proposed acquisition of Active Online GmbH for a maximum consideration of €3.45m. This purchase follows the recent acquisition of Shire Systems earlier in H2 2018, and continues a strategy of steady expansion of the software portfolio to cover a broad range of the needs of Architectural, Engineering and Construction (AEC) professionals notably meeting the requirements for the Building Information Modelling
06 Nov 2018
Elecosoft - Building a virtual world
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Elecosoft - Building a virtual world
Eleco Plc (ELCO:LON) | 92.5 1.4 1.6% | Mkt Cap: 77.0m
- Published:
06 Nov 2018 -
Author:
Cavendish Research -
Pages:
15
The group has undertaken a placing to raise £2.25m in order to part-fund the proposed acquisition of Active Online GmbH for a maximum consideration of €3.45m. This purchase follows the recent acquisition of Shire Systems earlier in H2 2018, and continues a strategy of steady expansion of the software portfolio to cover a broad range of the needs of Architectural, Engineering and Construction (AEC) professionals notably meeting the requirements for the Building Information Modelling