Tenna
SUNNYVALE, Calif. (Dec. 15, 2021) — Trimble has announced it has acquired AgileAssets, a provider of enterprise infrastructure asset management software to private organizations and government, including national road authorities and state-level transportation agencies in the United States.
SAN FRANCISCO (Dec. 16, 2021) — Autodesk, Inc. has announced that it is acquiring ProEst, a cloud-based estimating solution that enables construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes. Autodesk plans to integrate ProEst with Autodesk Construction Cloud, a comprehensive construction management platform connecting teams, data and workflows across the entire building lifecycle.
SEOUL, South Korea (Nov. 16, 2021) — Hyundai Construction Equipment Co. plans to acquire the whole stake in two overseas units of its affiliate Korea Shipbuilding & Offshore Engineering Co. to focus on the construction machinery business.
SCHAAN, Fla. (Nov. 16, 2021) — The Hilti Group has entered into an agreement to acquire Fieldwire, a San Francisco-based construction technology company, for an approximate $300 million. The strategic acquisition will bring together Fieldwire’s best-in-class product and Hilti’s global brand and market reach to help drive productivity on construction sites.
MOLINE, Ill. (Dec. 16, 2021) — Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric, Inc., a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform that utilizes this patented battery technology.
HAMILTON, N.J. (Dec. 16, 2021) — Total construction starts fell 14% in November to a seasonally adjusted annual rate of $867.8 billion, according to Dodge Construction Network. Nonbuilding and nonresidential building starts bore the brunt of the decline, falling 30% and 21% respectively after seeing sharp increases in October as three large projects broke ground. Residential starts gained a modest 3%.
WASHINGTON (Dec. 15, 2021) — Architecture firms reported increasing demand for design services for the tenth consecutive month in November, according to a report from The American Institute of Architects (AIA).