flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Satellier, Potential + Semac close investment deal

Satellier, Potential + Semac close investment deal

Top international CAD and BIM outsourced services provider announces strategic partnership with leading India-based engineering firm, expanding global services, markets


September 22, 2010

New Delhi, India (September 21, 2010) -- Satellier, a world leader in providing CAD and Building Information Modeling (BIM) outsourced services to the architecture, engineering and construction industry, announces a strategic minority investment from India-based top engineering firm Potential + Semac, ushering in the next evolution of the global architecture support industry.
“We’re recognizing a paradigm shift in the building industry worldwide, as public and private infrastructure investment is returning, stimulating latent demand for projects executed in BIM at more competitive rates,” says Satellier Founder and Executive Chairman Michael Jansen.  “By coupling Satellier’s core BIM expertise with Potential + Semac’s cross-discipline engineering expertise, we will meet this demand and provide comprehensive higher value-added services worldwide. Now we can do it all, and we can do it everywhere. ”
The strategic partnership will enable Satellier to provide its clientele, which includes 20 of the top 40 architecture, engineering, and construction firms in the world, with a wider menu of services. Building on its historical core focus of technology-enabled architecture design and production support in the United States, Europe, and Australia, Satellier will now be able to provide this new expertise in integrated Architecture/SMEPF services across all major markets.
“We welcome the addition of Potential + Semac to the Satellier global family and look forward to collaborating with their team in India and the Middle East to provide “best in class” end-to-end services worldwide,” says Satellier CEO Darren Rizza (former CIO at Skidmore, Owings, and Merrill LLP).  “We are poised and ready to partner with all segments of the global AECO community, increasing our depth of involvement in India-based projects and collaborating with our design firm clients worldwide to execute their projects according to the world class standards they have come to expect from Satellier.”
A 700-person full-service professional Structural, Mechanical, Electrical, Plumbing, Fire Fighting, Energy Audit (SMEPF) engineering firm with offices throughout India and the Middle East, Potential + Semac has executed projects in excess of five billion square feet for major hoteliers, developers, multinational corporations, and healthcare institutions in the South Asian region.
“As global players in the AEC industry, we are pleased to be partnering with Satellier to respond to the growing need for expertise in this area,” says Potential + Semac Executive Chairman Abhishek Dalmia.  “Our combined strengths will allow us to offer fully-integrated architecture and engineering support solutions, providing clients with the services and knowledge required to ensure successful projects at increasingly competitive price points.”


About Satellier
Backed by Sequoia Capital, Satellier is the world's leading CAD and BIM production and solutions provider to AECO firms, real estate companies, and building owners. Having completed project documentation for over 5,000 projects across more than 50 countries for half of the world’s top AEC firms, Satellier is the “Firm of Choice” in the AECO industry and has been featured on CNN, CNBC, and myriads of business, technology, and AEC publications worldwide. Satellier serves markets all over the globe through its offices in New Delhi, London, Dubai, Sydney, and Chicago.
www.satellier.com


About Potential + Semac
Potential + Semac Consultants is one of the oldest and largest engineering design firms in India, having executed five billion square feet of projects over its 40-year tenure. With 700 employees throughout India and the Middle East, Potential + Semac provides end-to-end engineering design services for industrial and commercial developments, including Structure, MEP, HVAC, IT Networking, and Energy Audit.  With a clientele of global industry leaders, Potential + Semac partners with 17 of the top 25 Indian developers, 34 of the top 50 Indian companies, and major Multinational Corporations including GE, IBM, Google, Toyota, JW Marriott, Hilton, Coca Cola, Nestle, and Volkswagen, among others.
www.potentialsemac.com

Related Stories

University Buildings | Jun 9, 2022

IDEA Factory at U. of Maryland defies gravity

The E.A. Fernandez IDEA Factory at the University of Maryland’s A. James Clark School of Engineering has a gravity-defying form: The seven-story building’s solid upper floors emerge above the lighter, mostly glass base.

Multifamily Housing | Jun 9, 2022

Cityview's Adam Perry on multifamily housing innovation in the Western U.S.

Adam Perry, SVP of Development and Construction Management with developer Cityview, chats with Multifamily Design+Construction Editor Rob Cassidy about the latest design and construction innovations for multifamily housing in the West. 

Libraries | Jun 8, 2022

Welcome to the hybrid library

Libraries have grown to become the intellectual and social hubs of campus, where, prior to March 2020, students, researchers, and faculty gathered to collaborate and connect.

Building Team | Jun 8, 2022

Alastair MacGregor to lead WSP USA Property and Buildings Business

Alastair (Aly) MacGregor has been named the executive business line leader for Property and Buildings at WSP USA, one of the nation’s largest engineering and professional services consultancies.

Codes and Standards | Jun 8, 2022

Florida Legislature passes bill requiring stricter condominium inspection

The Florida Legislature recently passed a bill to beef up building inspection requirements for many of the state’s condominiums.

Office Buildings | Jun 8, 2022

Former L.A. Times newsroom/printing plant remade into office campus

Phase 1 of The Press, an adaptive reuse project that is converting an old Los Angeles Times facility into a modern office campus, was recently completed in Costa Mesa, Calif.

Codes and Standards | Jun 7, 2022

FEMA launches National Initiative to Advance Building Codes

The U.S. Federal Emergency Management Agency (FEMA) has launched a new government-wide effort to boost national resiliency and reduce energy costs.

Plumbing | Jun 7, 2022

Sloan launches ‘Sinks Beyond the Restroom’ innovation

Sloan, the world’s leading manufacturer of commercial plumbing systems, has launched its ‘Sinks Beyond the Restroom’ concept.

Building Team | Jun 7, 2022

Announcing construction inclusion week 2022: October 17-21, 2022

Save the date for Construction Inclusion Week 2022: October 17-21, 2022.

University Buildings | Jun 7, 2022

Newfoundland university STEM building emulates natural elements, local traditions

Memorial University of Newfoundland (MUN) recently opened a new building that will provide interdisciplinary learning and research space for Faculties of Science and Engineering.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021