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Technology Stocks : Trimble Navigation

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Nov 4 3:59 PM EST

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From: JakeStraw	8/13/2010 9:33:42 AM
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Trimble Acquires Accubid Assets to Expand Its Building Construction Solutions finance.yahoo.com SUNNYVALE, Calif., Aug. 13 /PRNewswire-FirstCall/ -- Trimble (Nasdaq:TRMB) announced today it has acquired the assets of privately-held Accubid Systems based in Concord, Ontario, Canada. Accubid is a leading provider of estimating, project management and service management software and services for electrical and mechanical contractors. Financial terms were not disclosed. Accubid's family of software products allow electrical and mechanical contractors to analyze their estimates in great detail including CAD-based estimating and takeoff and then export the data into project management, accounting, and procurement applications. The acquisition of Accubid broadens Trimble's industry leading "BIM to field" solutions for mechanical, electrical and plumbing (MEP) contractors to automate project estimating and management, modeling, detailing, layout and construction.

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