Technology Holdings is pleased to announce that our client C3Global has been acquired by Bentley Systems. C3Global is a leading provider of real-time predictive & prescriptive big data industrial analytics solutions. Bentley Systems is a software company specializing in the areas of architecture, engineering, construction (AEC) and operations for global infrastructure industry. Technology Holdings was the exclusive advisor on the transaction.
C3Global leverages a proprietary cloud based platform to provide big data collection, transformation, visualization and analytics to Fortune 500 companies. The platform is at the center of IT/OT convergence and allows clients to improve asset performance, reduce costs and facilitate mission critical decision-making in core business operations.
"Our acquisition of Amulet enables another cumulative BIM advancement – beyond leveraging design modeling, construction modeling, and reality modeling – for enhancing infrastructure asset performance" said Bentley Systems CEO Greg Bentley. "Given the unprecedented convergence of big data from the ‘Internet of Things,’ hybrid computing, and BIM’s advancement of functional engineering models – joining with Bentley to introduce asset performance modeling for industrial-scale infrastructure was absolutely compelling” said C3Global CEO David Smith.
"When we first met the Technology Holdings team, we were thoroughly impressed with their understanding of the analytics software and services market. They had connections with the largest IT services and global technology companies and worked with us to plan and prepare well in advance of the launch of our sale process. Ultimately, they delivered a wide variety of potential strategic partners for us to evaluate across the US, Europe and Asia. The TH team helped us achieve not just a strategic valuation for our company, but the best strategic fit as well."
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