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Trimble will acquire WinEstimator, 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, according to Trimble.
WinEst also provides Modelogix, a solution for capital project owners and builders 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 a 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. 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.
For more information, visit Trimble and WinEstimator.
Sources: Press materials received from the company and additional information gleaned from the company's website.

DE's editors contribute news and new product announcements to Digital Engineering. Press releases may be sent to them via [email protected].
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