27 August 2014
Technology solutions provider Trimble has acquired London-headquartered real estate and facility software creator Manhattan Software.
The acquisition extends the US-based company's Trimble Buildings' portfolio of design-build-operate (DBO) technology solutions by providing building owners, facilities and real estate managers with integrated, end-to-end property, asset and facilities management systems.
The combination of Manhattan's software with Trimble's broad technology portfolio in positioning, Building Information Modelling (BIM), analytics and visualisation will accelerate the company's ability "to deliver total lifecycle solutions that will allow owners and facilities managers to access data captured during the building planning, design, construction and renovation phases, thereby providing deeper insight, better operating decisions and better asset performance".
Manhattan Software provides a number of software solutions for the FM market. These include the Integrated Workplace Management System (IWMS), which helps plan and manage any organisation's real estate portfolio of buildings and assets. There is also Manhattan's CenterStone Computer-Aided Facilities Management (CAFM), which allows facility managers to effectively and efficiently plan and manage their space, facilities, assets, leases, work orders and operations.
Bryn Fosburgh, vice-president responsible for Trimble's Construction Technology Divisions, said: "Facilities and real estate management has become one of the most strategically important parts of an organisation's operational structureand where the majority of the costs reside for building owners and occupants."
He added: "Trimble's focus is to transform the workplace of the future by providing holistic tools to property owners, occupiers and managers to drive agility, efficiency and insight across the lifecycle from planning and design, through transactions, building occupancy and operations. Our acquisition of Manhattan Software will enable customers to leverage the data and intelligence gained through construction and renovation workflows, and to achieve benefits that endure throughout the full operational lifecycle of buildings."
Steve Vatidis, founder of Manhattan Software, said: "Buildings are by nature spatial, making it essential for owners to visualise their usage, performance and costs."
He added: "By combining Manhattan's leading IWMS and CAFM solutions with Trimble's depth of spatial and modelling technologies - including BIM, scanning, mobility and more - we are excited about our ability to redefine the future of workplace management innovation."