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Date Nov. 17, 2021
Bentley Systems Enters into Agreement to Acquire Power Line Systems, Global Leader in Software for Power Transmission Engineering
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that it has entered into a definitive agreement to acquire Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million.