Trimble buys real estate software firm


Trimble (TRMB -0.4%) has acquired Manhattan Software, a provider of software that helps enterprises plan, manage, and analyze their real estate assets. Terms are undisclosed.

In spite of its name, Manhattan is based out of London. The company has 270+ employees and claims 350+ clients, nearly half of whom are in the Fortune 1000.

Trimble declares the pairing of Manhattan's software with its existing real estate industry products will boost its 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."

Two months ago, Trimble bought 3D building information modeling (BIM) services firm Maybim.

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