Trimble buying e-Builder for $500 million
Trimble has purchased construction software and services company e-Builder for $500 million.
Officials said the deal will allow Trimble’s construction products to offer greater productivity gains to contractors, including the ability to curate data for workflows.
“E-Builder has always recognized 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 Sunnyvale, California-based 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 organization provide a strong platform for significant growth.”
Ron Antevy, president and CEO of e-Builder, said the acquisition of his company by Trimble will make e-Builder’s products even better.
“E-Builder’s mission is to improve project execution to make construction faster, less expensive and more reliable,” Antevy said. “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.”