Acquisition will help Trimble expand its construction management solutions and extend its reach into the owner community
Trimble has acquired SaaS-based construction management software provider e-Builder for $500 million. The US firm currently manages over 200,000 construction projects with a value of more than $300 billion.
Trimble says the acquisition will extend its ability to provide an integrated project delivery solution for owners, program managers and contractors across the design, construct and operate lifecycle.
The e-Builder solution is designed to measure and manage ‘every step’ of the capital project delivery process including planning, design, procurement, construction and operations. According to Trimble, ‘owners’ benefit from e-Builder through improved transparency and accountability while ‘contractors’ benefit from faster payments, increased productivity and improved competitive advantage.
“e-Builder has always recognised that owners play a key role in the construction lifecycle and that their influence will be key to the adoption of transformative construction technology,” said Steven Berglund, president and CEO of Trimble. “Trimble will extend its reach into the owner community by leveraging e-Builder’s presence. In turn, we intend to aggressively bring e-Builder solutions to civil and building contractors and the international market. We see a significant opportunity in leveraging data and intelligence gained through design-construct workflows across the full infrastructure lifecycle. e-Builder’s solutions and, more importantly, its organisation provide a strong platform for significant growth.”
“e-Builder’s mission is to improve project execution to make construction faster, less expensive and more reliable,” said Ron Antevy, president and CEO of e-Builder. “The addition of our solutions to Trimble’s broad portfolio extends our collective ability to best support owners and contractors with project delivery and management. e-Builder current and future customers will benefit from Trimble’s construction management expertise, culture of innovation and global reach to take e-Builder solutions to the next level.”
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