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
Museums | May 25, 2017
The museum as workspace
Many museum staff are resistant to the idea of open offices.
| May 24, 2017
Accelerate Live! talk: Applying machine learning to building design, Daniel Davis, WeWork
Daniel Davis offers a glimpse into the world at WeWork, and how his team is rethinking workplace design with the help of machine learning tools.
| May 24, 2017
Accelerate Live! talk: Learning from Silicon Valley - Using SaaS to automate AEC, Sean Parham, Aditazz
Sean Parham shares how Aditazz is shaking up the traditional design and construction approaches by applying lessons from the tech world.
| May 24, 2017
Accelerate Live! talk: The data-driven future for AEC, Nathan Miller, Proving Ground
In this 15-minute talk at BD+C’s Accelerate Live! (May 11, 2017, Chicago), Nathan Miller presents his vision of a data-driven future for the business of design.
Architects | May 23, 2017
Queens Museum exhibit shows New York City as it could have been
The installation will showcase 200 years worth of unrealized Big Apple projects via original drawings, renderings, newly commissioned models, and 3D visualizations.
Education Facilities | May 22, 2017
Educational design taking lessons from tech firms
Recently, in educational design, we have seen a trend toward more flexible learning spaces.
Architects | May 16, 2017
Architecture that helps children fall in love with the environment
The coming decades present a major ecological challenge... so let’s encourage the next generation to do something about it!
AEC Tech | May 11, 2017
Accelerate Live!: Social media reactions from BD+C's AEC innovation conference
BD+C's inaugural Accelerate Live! innovation conference took place May 11, in Chicago.
Multifamily Housing | May 10, 2017
Triple Treat: Developer transforms mid-rise into unique live-work lofts
Novus Residences’ revolutionary e-lofts concept offers tenants a tempting trio of options—‘live,’ ‘live-work,’ or ‘work’—all on the same floor.
Architects | May 9, 2017
Spiezle Architectural Group looks to the future
Now in its seventh decade, the firm expands its portfolio and moves into a larger HQs.
