Trimble sets sights on A&D software firms in global markets
Trimble Navigation Ltd. said Thursday it has acquired CSC (Civil & Structural Computing) (UK) Ltd., a developer of building design software, from ISIS Equity Partners LLP.
Terms of the deal were not disclosed. Based in Leeds, England, privately-held CSC is now part of Trimble’s buildings’ structures division operating under the company’s engineering and construction business segment.
CSC’s structural software for the analysis and design of steel and concrete buildings is used by engineers for structural design calculations, general analysis, and steel and concrete building design.
Sunnyvale, Calif.-based Trimble (NASDAQ:TRMB) said it shares with CSC a large customer base of engineering organizations in the global building and construction market, where CSC has a strong presence in the United Kingdom, Asia, South Africa, Middle East and United States.
“Being acquired by Trimble will help CSC strengthen our presence in existing markets and accelerate growth in strategically important emerging markets where we currently have limited presence,” said Mark Roberts, CEO at CSC.
CSC is also a strategic Analysis and Design (A&D) partner of Tekla, a firm Trimble acquired in 2011.
“The acquisition of CSC reinforces our goal of connecting key workflows across the design, build and operate continuum. It extends our offering to provide complete workflow solutions from design to rebar fabrication,” said Risto Raty, general manager of Trimble’s buildings’ structures division.
Raty also said Trimble was “actively expanding our cooperation with other A&D software companies in different markets around the world.”
VIDEO: See how CSC’s Tedds structural calculation software was instrumental in the growth of ARC Engineers.
Trimble had $2 billion in 2012 revenue from sales of positioning technologies – GPS, lasers and optics – for applications requiring position or location, including surveying, construction, agriculture, fleet and asset management, public safety and mapping.
Trimble announced Tuesday it was now offering Building Information Modeling (BIM) consulting services for Mechanical, Electrical and Plumbing (MEP) contractors using 3D CAD and BIM design software to model the physical and functional attributes of a facility.
Earlier this month, Trimble reported a 10 percent increase in third quarter revenue to $556.5 million on a 17 percent jump in net income to $101.9 million, or $0.39 earnings per share.