RIB Software SE (RIB) acquires 51% of the shares in DATENGUT GmbH, one of the leading German providers of mobile solutions for the construction industry

Stuttgart, Germany, 26 February 2018. RIB Software SE, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the acquisition of 51% of the shares in DATENGUT GmbH. As part of a partial transfer of operations, the RIB Group participates in the new company, based in Zwenkau, Leipzig. The new company focuses on the further development of mobile, innovative solutions with connection to the iTWO technology, which are specifically tailored to the construction industry. The former company will continue to focus on its partner business. Half of the purchase price was paid with own shares and cash respectively.

Michael Sauer, Executive Board Member of RIB Group, comments on the agreement as follows: “We are looking forward to work with the young and innovative Datengut team, which has a high level of expertise in the development of mobile solutions for the construction industry. Through the participation, we intend to establish a competence center for mobility, within the RIB Group for the DACH region. The focus here is on the iTWO app-development. By working with Datengut, we will continue to expand our expertise in web-based solutions for the construction industry.”

“RIB's investment in Datengut represents a milestone in the history of our company and a confirmation of our leading position in web-based solutions in construction industry for the DACH market. We are looking forward to work with RIB in this expanding field and will create real added value for our customers by pooling the expertise of both companies”, says Michael Woitag, Managing Director of Datengut GmbH.

Datengut designs, develops and distributes unique software solutions, enabling a completely new way of working for clients in a variety of industries, with a focus on mid-sized and large construction companies. With the Datengut software kit, data from existing data sources (such as Financial Accounting, ERP, e-mail, CRM, DMS, ...) are taken over and combined in a single web application. The result is a command center with comprehensive options for viewing, controlling and managing operational processes. All relevant data can be accessed and processed on the go, even offline via the App. Important processes and procedures that are linked to the information (capture, check, release, evaluation, planning, etc.) are automated, optimized and standardized. In 2012, a small team around the Managing Director and idea generator - Michael Woitag - spun off from another software company. Nearly 50 highly motivated and qualified employees work in the areas of development, programming, project implementation, sales and marketing at the location in Zwenkau (district of Leipzig).

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