Trimble to Acquire WinEstimator to Extend Meridian Systems' Capabilities for General Contractors and Owners
Trimble (NASDAQ: TRMB) announced today that it has 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 quickly and accurately respond to all phases of the estimating process, from initial project feasibility to detailed final estimate.
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