If it was a small thing, an agreement or announcement of a relationship, I reckon we could have squeezed a little information out of someone there, if it wasn't a big deal. Now that doesn't mean Autodesk are buying Bentley but the reaction of the VPs asked afterwards, total denial by Greg Bentley, laughed off by Carl via email makes me wonder. To have Carl with a live feed at a Bentley event, is like Bill Gates appearing at an Apple convention. One can safely assume that any deal (whatever scale) would have been announced during Greg's Keynote. The possible Carl link was sent on May 23rd, 4 days before the event started.Ĭarl was scheduled to be on live feed at Greg Bentley's press conference. However ignoring the bigger picture, just thinking of the event and the planning. It's very interesting and there are a lot of common interests that we can speculate on. if Autodesk were buying Bentley, Carl Bass would not have been penciled-in for a mere "telepresence" at BE he'd have been on-stage and among the crowds, shaking hands with his new fanbase. (Could be overcome by leaving Bentley in a Revit-like state "over there"). after years of rancor, it would be difficult to merge the two very different corporate cultures. Autodesk might have to borrow nearly half that amount, in order to leave some cash in its bank account, at a time when borrowing is tight in the USA. the price tag for Bentley Systems is high: $1.35 billion, based on a 3x multiple of its 2007 revenues of $450 million. And, as owners of a private company, perhaps the Bentley brothers are looking forward to retirement, as a commenter speculated on this site.Ī buyout make little sense for these reasons: AutoCAD already reads and writes MicroStation DGN files MicroStation already reads and writes AutoCAD DWG files. Bentley Systems has many large corporations and government agencies as customers, valuable segments that Autodesk would no longer need to fight its way into. Autodesk has nearly a billion dollars in cash. Autodesk wants into one of Bentley's strongholds, plant design.
The non-appearance of Autodesk CEO Carl Bass at this week's annual luvfest Bentley Systems puts on for its user base is leading to speculation that the west coast company is preparing to gobble up the east coast one.
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