The acquisition is set to expand the addressable market and enhance revenue growth
SUNNYVALE, Calif. — Trimble announced it has entered into a definitive agreement to acquire privately held Viewpoint from Bain Capital in an all-cash transaction valued at $1.2 billion. Viewpoint is highly complementary to Trimble’s e-Builder business and will extend Trimble's ability to provide more complete and integrated project, job site, and business workflows across the construction life cycle.
Viewpoint is a provider of scalable construction management software, which integrates a contractor’s financial and resource management to their project operations and to their job site and field. The integration across the office, team, and field enables contractors to employ Viewpoint to effectively manage and have visibility to data and workflows that span the construction life cycle from pre-production planning to product operations and supply chain management and then to project hand over and asset operation and maintenance. The company’s suite of purpose-built software as a service (SaaS), client-server, and mobile solutions improve project performance, provide increased visibility, and deliver integrated workflow data to the entire team consisting of general contractors, project managers, architects, engineers, and subcontractors. By blending office and field data workflows across a project, Viewpoint customers are able to achieve significantly improved collaboration, efficiency, and decision making while lowering costs.