Nemetschek SE

NEM: XETR (DEU)
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Nemetschek: HCSS Acquisition Expands Addressable Market; Maintain Fair Value

Nemetschek announced its intention to acquire Heavy Construction Systems Specialists from private equity firm Thoma Bravo. HCSS is the leading infrastructure and heavy civil construction software provider in North America. Shares fell 3% on April 15.

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