Nemetschek Ups Ownership
of Graphisoft
Budapest Business Journal reports that Nemetschek has increased its ownership of Graphisoft by buying more shares, spluging US$45 million. Last December, the German CAD company owned 54% of the Hungarian CAD company; today it owns 91%.
At this rate, it will own 128% of the company by the summer-- [No, Ralph, that's not how it works. -Editor.]
Siemens Hearts UGS
Meanwhile, the EU says it promises to decide on Seimens' acquisition of UGS by April 30.
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