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
| Jan 9, 2012
Thornton Tomasetti acquires green consulting firm Fore Solutions
International engineering firm launches new building sustainability practice.
| Jan 9, 2012
METALCON International 2012 announced
METALCON 2012 is scheduled for Oct. 9-11 at the Donald E Stephens Convention Center, Hall A, Rosemont, Ill.
| Jan 9, 2012
Lutron appoints Pessina president
In his 35-year career with Lutron, Pessina has acquired broad experience in the engineering, quality assurance and manufacturing areas.
| Jan 9, 2012
A new journey for KSS Architects co-founder
Kehrt's legacy of projects include Rutgers University's Biomedical Engineering Building, the renovation and expansion of Cornell University School of Hotel Administration, the recent new campus center at The Richard Stockton College of New Jersey and Princeton Township's Municipal Complex.
| Jan 8, 2012
TCA releases The Construction of Tilt-Up
The newest publication from the TCA is the second in a planned trilogy of resources covering the architecture, engineering and construction of Tilt-Up
| Jan 8, 2012
WHR Architects promotes Joel Colwell, AIA, to principal
With over 30 years of experience, Colwell has managed large-scale, complex projects for major healthcare systems as well as challenging smaller renovations and additions — all with notable success.
| Jan 6, 2012
Doug Wignall named president of HDR Architecture
HDR Architecture, Inc. is known for its award-winning designs for urban environments, campuses and buildings in the healthcare, science and technology, civic, justice and higher education markets.
| Jan 6, 2012
Gensler unveils restoration and expansion of Houston's Julia Ideson building
The "new" building will serve as a repository of Houston memorabilia and rare archival material as well as the city's official reception space and a venue for exhibits, meetings and other special events.
| Jan 6, 2012
New Walgreen's represents an architectural departure
The structure's exterior is a major departure from the corporate image of a traditional Walgreens design.
