News Summary:
On February 17, 2026, Vectorworks Inc., a Nemetschek Group company, acquired Morpholio, a developer of mobile design applications such as Morpholio Trace, Morpholio Board, and Morpholio Journal for iPad and iPhone. Previously, on February 10, 2026, the Nemetschek Group entered a strategic partnership with Prince Sultan University (PSU) in Saudi Arabia to support the development of future talent and accelerate innovation across the Kingdom's architecture, engineering, construction, and operations (AEC/O) industry. This followed a collaboration announced on February 4, 2026, between Nemetschek Group and Ingram Micro, aimed at expanding access to advanced digital solutions for the AEC sector throughout the Middle East and North Africa region, including the GCC, Levant, and North Africa. Earlier, on February 3, 2026, Nemetschek Group reported closing a successful fiscal year 2025, stating it met both its previously raised revenue forecast and its profitability target.
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