Bentley Withdraws IPO Registration

EXTON, Pa.--(BUSINESS WIRE)--Sept. 16, 2002--Bentley Systems, Incorporated today announced that it has applied to the Securities and Exchange Commission to withdraw its April 23 registration statement for its proposed initial public offering.

"In the face of a market that has now apparently turned outright hostile to software company IPO's, Bentley has decided to remove the distractions and restrictions that accompany the IPO process and focus instead on managing our business which continues its growth and profitability," said Greg Bentley, CEO of Bentley. "Bentley management remains confident in the Company's prospects and plans to reconsider the IPO when appropriate market conditions eventually return."

About Bentley

Bentley Systems, Incorporated is a global provider of collaborative software solutions that enable our users to create, manage and publish architectural, engineering and construction (AEC) content. As a part of those solutions, Bentley provides professional services including implementation, integration, customization and training.

For more information, call 1-800-BENTLEY or visit us on the Web at www.bentley.com.

Bentley, the "B" logo and MicroStation are registered trademarks; Bentley SELECT is a registered service mark of Bentley Systems, Incorporated or Bentley Software, Inc. Other brands and product names are trademarks of their respective owners.


Contact:
     Bentley Systems, Incorporated
     Press Contact:
     Michelle Rudiman, 610/458-2798
     
Email Contact



Source: Bentley Systems, Incorporated



Review Article Be the first to review this article
 Benteley: watch the keynotes

Autodesk University 2017

Featured Video
Jobs
Vice President, Transportation Services for Associated General Contractors of New York State at Albany, NY
Structural Engineer for The Planate Management Group LLC at Perry Point, MD
ENVIRONMENTAL GRAPHIC DESIGNER for Blitz at San Francisco, CA
Structural Engineer for Albert Kahn and Associates at Detroit, MI
Mechanical Engineer for The Planate Management Group LLC at Perry Point, MD
Upcoming Events
Commercial UAV Expo Americas at ME - Oct 24 - 26, 2017
Nor Cal Bentley BASH at 2134 Main St #160 Huntington Beach CA - Oct 27 - 28, 2017
Design-Build Conference & Expo at Pennsylvania Convention Center Philadelphia PA - Nov 8 - 10, 2017
2017 Texas Society of Architects at 500 E Cesar Chavez St, The Neal Kocurek Memorial Austin Convention Center Austin Texas - Nov 9 - 10, 2017
GRAPHISOFT: ARCHICAD download 30-day FREE trial
Bentley:YII2017
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise