Tuesday, December 11, 2007

Reed Construction Data Acquires Tectonic Partners Inc

This is some exciting news for those who have been using or looking to use Tectonic... and anyone looking to integrate cost estimating into their Revit projects! For more on Tectonic, please check out their site through the link in the below press release. I'm also looking into posting some more info on Tectonic in the near future once I get the latest release installed.

Reed Construction Data Acquires Tectonic Partners Inc
(Atlanta, GA) Dec 09 2007

Construction information provider to deliver industry-defining technology for BIM

Reed Construction Data today announced the acquisition of Tectonic Partners Inc., a leading developer and service provider of building information modeling (BIM) for the architectural, engineering and construction industries.

The acquisition represents a significant strategic move by Reed Construction Data to become a leader in the emerging building information modeling space and complements the strategic partnership with RCMS Group announced earlier this year.

An agreement between the two companies was signed today in Atlanta. The acquisition will formally close Feb. 1, 2008.

The combination of Reed Construction Data and Tectonic will give architects, engineers and contractors (AEC) a powerful set of solutions for creating and managing BIM content on their desktops, as well as integrating RSMeans’ industry-leading cost data into the objects and the drawings themselves.

“By combining the power of RSMeans data and other Tectonic applications, we’ll be able to make a huge impact in the daily business lives of the AEC community,” said Iain Melville, CEO of Reed Construction Data. “I am excited about the potential to create rich BIM content for BPMs and to create many new products and services in the future.”

“Reed Construction Data and Tectonic together will move BIM to truly integrate RSMeans data into the work flows of architects, engineers and contractors,” Melville said. “We think this is powerful marriage of both BIM technology and integrated data.”

As part of the agreement, Arol Wolford, CEO of Tectonic, and one of the leading innovators in the industry, will stay on as a consultant to Reed Construction Data.

“I’m very excited to work alongside Reed and to match our products and services with the strong content that they provide,” Wolford said. “BIM has opened up countless opportunities in our industry, and the combination of our companies will give us the power to deliver full service BIM options to the AEC community.”

Tectonic provides several unique products and services, including BIM Library Manager, a software application for the organization and management of Autodesk Revit families, which helps assist in efficient creation of BIM.

Tectonic also has built an expansive library of BIM objects and is in the process of developing a powerful quantity take off tool to further meet the needs of the AEC community.

The emerging BIM technology provides consumers with the ability to improve visualization, coordination, simulation and optimization, which translates into direct advantages such as cost savings, fewer errors, productivity gains and the ability to manage building information throughout a project’s entire lifecycle.

Link: http://www.reedconstructiondata.com/press-releases/press-release/reed-construction-data-acquires-tectonic-partners-inc/

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