Battery Ventures-backed Newforma to acquire BIM One.

Battery Ventures-backed Newforma, a software company, agreed to acquire BIM One, a firm specializing in the optimization of digital processes for the AEC industry. Financial terms were not disclosed. "Though we've focused on different areas of the collaboration problem, we have a shared mission of helping the industry solve interoperability issues. Joining forces with Newforma is sure to accelerate our growth as we continue to fulfill our missions as world-class technological leaders in the AECO industry," Jimmy Plante, BIM One Co-Founder and CEO.