Enter your e-mail address below
to reset your password.
Please activate your registration
by clicking the link in the activation email
or click submit to resend the activation email.
Please check your spam folder too...
Check your mailbox to activate your registration.
Please check your spam folder too.
Nemetschek AG, a German maker of software used in the construction and real-estate businesses, said it owns 90.6% of its Hungarian rival Graphisoft SE.
The German company said yesterday in a statement distributed by DGAP that it bought 3.85 million shares of Budapest-based Graphisoft SE for about €9 each in a public takeover offer running from February 4 through March 21. Nemetschek said it now holds 93.7% of the voting rights in Graphisoft. It had had 54.3% since December 31. With customers including Time Warner Inc.'s Warner Brothers studios, Nemetschek is counting on the Graphisoft purchase to help it compete with rivals such as Autodesk Inc.