Trimble entered into a definitive agreement to acquire WinEstimator, Inc. (WinEst), a provider of construction cost estimating and cost-modeling software. The transaction is expected to close in the third quarter of 2012, subject to customary closing conditions.
WinEst will be integrated into the operations of Meridian Systems, a wholly-owned subsidiary within Trimble's Engineering and Construction segment. Financial terms were not disclosed.
WinEst features a team of 25 industry professionals dedicated to providing estimating and cost modeling solutions to builders and capital project owners. The company’s offerings include the WinEst product line that provides a suite of estimating solutions, allowing customers to respond to all phases of the estimating process, from initial project feasibility to detailed final estimate. WinEst also provides Modelogix, a solution for capital project owners and general contractors who develop accurate conceptual cost models based on cost-history data from multiple sources. Modelogix leverages the value of project cost history across the enterprise, integrating the customer’s past estimates and “actual” project costs to form an accurate conceptual budget.
The acquisition is expected to extend Meridian’s capabilities for general contractor and owner customers that want to better develop, manage and leverage their construction cost information to support their core business. In addition, WinEst solutions will support the integration of cost data into other applications, including Meridian’s Prolog and Proliance software, enabling the adoption of Building Information Modeling (BIM) and Integrated Project Delivery (IPD) business practices. +
Related Stories
Giants 400 | Oct 20, 2017
Top 40 sports architecture firms
Populous, HOK, and HKS top BD+C’s ranking of the nation’s largest sports sector architecture and AE firms, as reported in the 2017 Giants 300 Report.
Giants 400 | Oct 19, 2017
Race for talent drives office designs
Is the shift toward attracting younger workers too much or not enough?
Sponsored | Designers | Oct 18, 2017
Universal design principles: Part 2
The CDC targets the bathroom as the most dangerous room in the house. Architects can use principles of Universal Design (UD) to reduce these hazards.
Giants 400 | Oct 17, 2017
Top 110 office architecture firms
Gensler, Jacobs, and HOK top BD+C’s ranking of the nation’s largest office sector architecture and AE firms, as reported in the 2017 Giants 300 Report.
Giants 400 | Oct 16, 2017
Data center market forecast: Clearly cloudy
Look for mission-critical construction to double in the next few years.
Resiliency | Oct 13, 2017
Resiliency takes center stage in new projects around the country
Projects like these, where resilience is central to their design and construction, are becoming more commonplace.
Architects | Oct 11, 2017
Architects to policymakers: Buildings are infrastructure, too
Left out of this ongoing national debate over infrastructure are the nation’s other public buildings: the libraries, community centers, courthouses, community college buildings, affordable housing developments, and justice facilities.
Giants 400 | Oct 11, 2017
Top 25 data center architecture firms
Jacobs, Corgan, and Gensler top BD+C’s ranking of the nation’s largest data center sector architecture and AE firms, as reported in the 2017 Giants 300 Report.
Multifamily Housing | Oct 9, 2017
6 new products for the multifamily construction market
Bamboo wall panels, an adaptable prep sink, and a two-tiered bike parking system are among the product innovations geared for multifamily buildings.
AEC Tech | Oct 6, 2017
How professional bias can sabotage industry transformation
Professional bias can take the form of change-resistant thinking that can keep transformational or innovative ambitions at bay. Tech consultant Nate Miller presents three kinds of bias that often emerge when a professional is confronted with new technology.