Trimble completed acquisition of Viewpoint from Bain Capital for $1.2bn.

Trimble, an advanced location-based software solutions provider, completed the acquisition of Viewpoint, a leading global provider of integrated software solutions for the construction industry, from Bain Capital for $1.2bn. With Viewpoint, Trimble will be able to offer customers a central workflow platform for delivering integrated, end-to-end construction management, while further enabling connectivity across the complete construction lifecycle. In addition, Viewpoint will complement Trimble's recent acquisition of e-Builder, a leading SaaS-based construction program management solution for capital program owners and program management firms. "The acquisitions are strategically significant and position us to play a unique and central market role in providing comprehensive enterprise and project solutions. They also provide significant financial opportunity and contribute strong growth trajectories. The current trajectories can be further enhanced by a large addressable market enabled by the combined capabilities of the three companies." Steven W. Berglund, Trimble President, and CEO.