Bentley Systems' iTwin Ventures Acquires Blyncsy, Breakthrough Innovator In AI Services For Transportation Operations and Maintenance; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Bentley Systems (NASDAQ:BSY) has acquired Blyncsy, a provider of AI services for transportation operations and maintenance. The acquisition will bolster Bentley's iTwin Ventures portfolio by accelerating the development of infrastructure asset analytics. Blyncsy's AI services replace manual data collection efforts, improving transportation owner-operators' awareness and timely mitigation of road conditions.
August 14, 2023 | 8:37 pm
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Bentley Systems' acquisition of Blyncsy could enhance its portfolio and potentially increase its market share in the infrastructure asset analytics space.
The acquisition of Blyncsy, a provider of AI services for transportation operations, could enhance Bentley Systems' iTwin Ventures portfolio and potentially increase its market share in the infrastructure asset analytics space. This could lead to increased revenues and profitability for the company in the future.
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