Trimble Pay USD 489 Million for Tekla
Dubai, United Arab Emirates, 23 November: Finland based Tekla Corporation, a provider of model-based software products for building & construction and infrastructure management and with significant presence in the Middle East, has been acquired by Trimble Navigation Limited, a provider of advanced positioning solutions that maximize productivity and enhance profitability.
With this acquisition, there will be further expansion in Tekla Middle East presence and operations in the domestic market as well. The combination of Tekla's BIM solutions and Trimble's building construction estimating, project management and BIM to field solutions will enable a compelling set of productivity enhancements for contractors in the region. Additionally, Tekla's infrastructure and energy solutions will also complement Trimble's growing portfolio of utilities and municipal solutions in the region.
Speaking on the acquisition, Mr. Tahir Sharif, Director Tekla Middle East said "with this acquisition, Tekla Middle East is now in an even better position to help the region's construction industry become more profitable, and further still, we can now leverage Trimble's legacy of expertise in the construction industry. We are confident that Trimble's and Tekla's combined knowledge and know-how will greatly benefit the region."
With this landmark acquisition Middle East customers will benefit through better integration of data throughout a project lifecycle, while also eliminating costs through better accuracy and interoperability.
"Trimble serves many industry verticals and one of the main interest areas for us is building & construction where Tekla has a proven track record and decades of experience. Contractors that use the latest technical innovations to enhance their productivity will now further benefit from the combined solution of Tekla and Trimble's BIM to field workflow via an established interface link. After cooperating for several years the acquisition allows the two technology players to consolidate their efforts and create even more value for the industry," added Mr. Lawrence N Smith, Director of WW Sales (Structures), Trimble Building Construction Division.
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About Trimble
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location: including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978, Trimble is headquartered in Sunnyvale, Calif.
Tekla
With its software, Tekla drives the evolution of digital information models and thus provides more and more competitive advantage to the construction, infrastructure and energy industries. The company was established already in 1966, and today it has customers in 100 countries, offices in 15 countries, and a global partner network. Tekla became part of Trimble Group in 2011.
Tekla BIM
With an ambition to multiply its customers' potential to think and achieve big, Tekla provides a BIM (Building Information Modeling) software environment that can be shared by contractors, structural engineers, steel detailers and fabricators, as well as concrete detailers and manufacturers.
The highly detailed as-built 3D models created, combined and distributed with Tekla software enable the highest level of constructability and production control. Centralizing building information into the model allows for more collaborative and integrated project management and delivery. This translates into increased productivity and elimination of waste, thus making construction and buildings more sustainable.
More information at www.tekla.com, www.teklastructures.com and www.teklabimsight.com
© Press Release 2011
