Construction technology company Trimble Inc. acquired integration platform-as-a-service startup Ryvit, the companies announced Jan. 4. Financial details were not disclosed.
Ryvit, which launched in 2016, creates connections between data sources and popular applications for architecture, engineering and construction, allowing instant information-sharing across a project team. Westminster, Colo.-based Trimble says Ryvit’s integrations will remain available through its cloud-based Construction One suite, enhancing the service with integration, mapping and automation options.
The Ryvit purchase marks the latest in a series of acquisitions and partnerships for Trimble as it expands its cloud-based services. In December, the company announced it had reached a deal to buy German transportation management software platform Transporeon. In November, Trimble announced a collaboration with Hilti Group for tool tracking and allocation, and live collaboration across platforms through its partnership with Microsoft. Trimble also closed last year on its acquisition of estimating and operations software maker Bid2Win.
Trimble plans to rebrand Ryvit’s offerings on Construction One. Contractor tools used for managing data flows would fall under “Data Xchange,” while “App Xchange” will offer options for connecting systems, building data flows and onboarding customers, according to Trimble.
Construction One is "built on the notion that connected, unified data is the future because it enables the industry to build projects better, faster, safer, cheaper and greener,” Pete Large, senior vice president of Trimble's construction business, said in a statement. “The addition of Ryvit accelerates this notion even further by providing capabilities that will be supplied, supported and expanded upon more quickly given the collective strength of both organizations.”