{"id":60004,"date":"2018-04-25T08:41:16","date_gmt":"2018-04-25T12:41:16","guid":{"rendered":"https:\/\/www.constructionspecifier.com\/?p=60004"},"modified":"2018-04-25T08:41:16","modified_gmt":"2018-04-25T12:41:16","slug":"trimble-to-acquire-viewpoint-in-1-2-billion-deal","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/trimble-to-acquire-viewpoint-in-1-2-billion-deal\/","title":{"rendered":"Trimble to acquire Viewpoint in $1.2 billion deal"},"content":{"rendered":"
\"\"<\/a>
Trimble purchased construction software firm Viewpoint for $1.2 billion. <\/span>
Photo \u00a9 BigStockPhoto.com<\/span><\/em><\/figcaption><\/figure>\n

California-based construction company Trimble<\/a> has entered into an agreement to acquire privately held construction software firm Viewpoint<\/a> from Bain Capital<\/a> in a reportedly all-cash transaction valued at $1.2 billion. According to a statement released by Trimble, Viewpoint is complementary to the company\u2019s recently acquired e-Builder<\/a> business and, as such, the purchase will extend Trimble\u2019s ability to provide complete and integrated project, jobsite, and business workflows.<\/p>\n

Serving approximately 8000 customers worldwide, Viewpoint provides scalable construction management software, which integrates a contractor\u2019s financial and resource management to their project operations and to their jobsite and fieldwork. Trimble states this integration enables users to effectively view and manage data and workflows spanning the lifecycle of a construction project, allowing for project transparency, increased collaboration, and lower costs.<\/p>\n

\u201cThe Viewpoint acquisition, in combination with the recent e-Builder acquisition, confirms Trimble leadership in the accelerating digital transformation of the construction industry,\u201d said Steven W. Berglund, CEO of Trimble. \u201cThe acquisitions are strategically significant and position us to play a unique and central market role in providing comprehensive enterprise and project solutions.\u201d<\/p>\n

The acquisition is scheduled to conclude in the third quarter of 2018.<\/p>\n

To read more, click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

California-based construction company Trimble has entered into an agreement to acquire privately held construction software firm Viewpoint from Bain Capital in a reportedly all-cash transaction valued at $1.2 billion. <\/p>\n","protected":false},"author":4887,"featured_media":60005,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[3573,4263,1337,1469],"class_list":["post-60004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-acquisition","tag-business-trends","tag-construction","tag-software","entry"],"acf":[],"yoast_head":"\nTrimble to acquire Viewpoint in $1.2 billion deal - The Construction Specifier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.constructionspecifier.com\/trimble-to-acquire-viewpoint-in-1-2-billion-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trimble to acquire Viewpoint in $1.2 billion deal - 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