Announced
Financials
Tags
Domestic
United States
Majority
Friendly
Private Equity
Software
software development
Single Bidder
Private
Acquisition
Pending
building information modeling
Synopsis
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.
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