Trimble, Sunnyvale, Calif., a provider of building-information management (BIM) and positioning systems, has acquired the assets of privately-held Accubid Systems, Concord, Ontario, Canada. Accubid is one of the largest providers of estimating, project management and service management software and services for electrical and mechanical contractors. Financial terms were not disclosed.
Accubid's family of software products allows electrical and mechanical contractors to analyze their estimates, including CAD-based estimating and takeoff, and then export the data into project management, accounting and procurement applications. It will become part of Trimble's Building Construction Division and will continue to be led by founder Giovanni Marcelli and the existing executive team.
“For Accubid, the acquisition by Trimble provides a long-term business partner with a common culture, shared vision, a successful track record, excellent reputation for quality products, and a global footprint,” said Marcelli in a message posted on the company's website. “Accubid can leverage this organizational infrastructure to further expand our product offerings to bring more value to our clients in the MEP (mechanical, electrical and plumbing) industry.”