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Stories

Federal judge blocks New York's rent-setting software ban

Owner of RealPage

RealPage asked a federal judge on October 28 to leave the injunction in place, and New York's attorney general replied on November 3, urging the court to reconsider. The request to revive the state's ban on algorithmic rent-setting is now fully briefed and waiting on Judge Valerie Caproni.

Updated 3 days ago

Construction software giants race to unify a fragmented industry through billion-dollar acquisitions

Money Moves

As of May 2026: Seller — retaining 28% minority stake in Nemetschek's Build & Construct segment

Nemetschek, the Munich-based company behind construction software brands like Bluebeam and Graphisoft, agreed on April 13 to buy Heavy Construction Systems Specialists (HCSS) for $2.4 billion — the largest acquisition in its six-decade history. HCSS dominates the niche market for heavy civil construction software in North America, serving more than 4,000 contractors who build roads, bridges, and pipelines. The deal lands HCSS in Nemetschek's Build & Construct segment alongside Bluebeam and GoCanvas, which Nemetschek bought for $770 million less than two years ago.

Updated May 31