Autodesk Invests in Aurigo Software to Bolster Construction Technology Offering for Owners

The Week | April 15, 2020

Aurigo Software and Autodesk, Inc. today announced an alliance to develop the most comprehensive set of cloud-based solutions for public and private owners. Aurigo will integrate with Autodesk Construction Cloud, a powerful portfolio of construction management software and services, soon giving owners a single end-to-end technology platform for design, planning, construction and operations of infrastructure and private assets. As part of the alliance, Autodesk will acquire a minority stake in privately-held Aurigo. The present climate of uncertainty and risk further increases the need for owners and contractors to leverage modern cloud software to plan, construct and maintain infrastructure assets that are considered absolutely essential to the nation, said Balaji Sreenivasan, CEO and founder of Aurigo Software. Autodesk and Aurigo have very synergistic products, and our strategic alliance will allow us to deliver a full digital lifecycle experience for owners and contractors. Aurigo helps the world build modern, efficient and reliable infrastructure with a comprehensive suite of capital planning and project management technology products. Aurigo's customers provide the roads, bridges, airports and water facilities vital to the economy and local communities.

Spotlight

A one-stop marine centre for ship owners, managers and agents around the world, the marine and offshore engineering sector of Singapore has more than 1,200 establishments, employs 90,000 employees and contributes 1.7% of the nation’s GDP. Offshore and marine engineering involves the design, construction and installation of facilities in a marine environment, typically for the generation of resources such as oil, gas or electricity.

Spotlight

A one-stop marine centre for ship owners, managers and agents around the world, the marine and offshore engineering sector of Singapore has more than 1,200 establishments, employs 90,000 employees and contributes 1.7% of the nation’s GDP. Offshore and marine engineering involves the design, construction and installation of facilities in a marine environment, typically for the generation of resources such as oil, gas or electricity.

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ROBOTICS AND AUTOMATION,CONSTRUCTION

Trimble Ventures Invests in Civ Robotics--A Construction Tech Startup Focused on Autonomous Surveying Solutions

Trimble | September 22, 2022

Trimble Ventures, Trimble's (NASDAQ: TRMB) corporate venture capital fund, announced today its investment in Civ Robotics, a San Francisco-based construction tech startup focusing on transforming surveying layout for civil engineering and infrastructure projects. This investment supports Trimble Ventures' mission to invest in early and growth-stage companies that are accelerating innovation, digital transformation and sustainability in the industries Trimble serves—such as agriculture, construction, geospatial and transportation. The investment terms were not disclosed. The construction industry faces a variety of challenges including shortage of skilled workers, safety and productivity. Civ Robotics addresses these challenges with CivDot, a new autonomous surveying solution that empowers efficiency, productivity and safety on the job. CivDot is an unmanned ground vehicle (UGV) designed for civil engineering and infrastructure projects such as solar farms, roadways, data centers, power plants and more. Augmenting the surveyors work, CivDot marks thousands of coordinates per day precisely and efficiently, while delivering layouts faster than traditional methods. "We are focused on investing in companies that are seeking to address important challenges in markets that align with Trimble's mission of transforming the way the world works. Civ Robotics technology supports surveyors and field workers and helps remove the burden of repetitive and risky work, Civ Robotics uses Trimble's high-precision GNSS positioning technology and surveying software to improve productivity and increase safety. This is an exciting opportunity to help accelerate innovation in autonomy, surveying and construction." -Aviad Almagor, vice president, technology innovation at Trimble and technology advisor for Trimble Ventures. Trimble and our vision are in lockstep towards construction automation with a sharp focus on the highest standards of safety and quality, said Tom Yeshurun, co-founder and CEO, Civ Robotics, which announced its $5 million seed funding round this morning. Through Trimble's latest GNSS technology in our autonomous surveying products, our customers can benefit from an end-to-end workflow. About Civ Robotics: Civ Robotics is an autonomous surveying solution for civil engineering and infrastructure projects. The company's flagship product, CivDot, is an unmanned ground vehicle (UGV) which marks thousands of coordinates per day precisely and efficiently for large construction projects, while empowering workforces faced with labor shortages and subsequent delays. Through the press of a button and in a fraction of the time, Civ Robotics autonomous systems are revolutionizing projects, including solar farms, roadways, data centers, power plants, industrial development and large infrastructure. About Trimble Ventures: Launched in 2021, Trimble Ventures is a corporate venture capital fund focused on investing in early and growth-stage companies that align with Trimble's mission of transforming work in the agriculture, construction, geospatial and transportation industries. The fund deploys strategic capital to accelerate the growth of innovative companies and partners that complement Trimble's products, technology platforms and support its customer's work. Trimble Ventures targets investing in companies with technologies and solutions related to hardware and software applications; artificial intelligence; augmented, virtual and mixed reality; autonomy and robotics; blockchain; the Internet of Things (IoT) and analytics; and sustainability. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

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ENGINEERING TECH,CONSTRUCTION

Colliers acquires leading Australian engineering services firm

Colliers | August 08, 2022

Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has acquired a controlling interest in PEAKURBAN Pty Limited (“PEAKURBAN”), one of the fastest growing engineering companies in Australia. The PEAKURBAN senior leadership team will remain significant shareholders of the business under Colliers’ unique partnership model. The business will rebrand as “Colliers Engineering & Design” and integrate into Colliers’ existing Australian operations. Terms of the transaction were not disclosed. Founded in 2016, with more than 100 professionals operating from five offices in Australia, PEAKURBAN specializes in shaping communities with a focus on planning, due diligence, and engineering and design services for residential and mixed-use developments, civil infrastructure, water and wastewater, and industrial sectors. “Building on our continued success in the U.S., PEAKURBAN represents the first international acquisition for our Colliers Engineering & Design business, Our differentiated approach continues to attract best-in-class firms who value our unique partnership model and long-term growth horizon, and who wish to thrive within our decentralised model and enterprising culture.” -Elias Mulamoottil, Co-Chief Investment Officer of Colliers. The expansion of Colliers Engineering & Design into Australia will complement our existing Project Management and Strategic Advisory capability and enhance our service offerings to unlock opportunities and accelerate growth for our clients and people, said John Kenny, CEO Colliers Asia Pacific. PEAKURBAN’s values and culture align strongly with ours and we are delighted to welcome these talented professionals to our organisation. "Joining one of the most respected professional services organizations globally is an important step for us, Our reputation for developing commercially smart and practical engineering and planning solutions, combined with Colliers’ deep infrastructure, enterprising culture and impressive performance over many years, will help create the best outcomes for our clients and people.” -Brent Thomas, Co-Founder and Managing Director of PEAKURBAN. About Colliers: Colliers is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $77 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people.

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MATERIALS,CONSTRUCTION

Holcim US Increases Aggregate Capabilities with Latest Acquisition

Holcim | August 10, 2022

Holcim US announced today it has acquired the sand and gravel operation of Basic Construction Company, LLC, in New Kent County, Virginia. The transaction will add significant, strategically located, aggregate reserves for Holcim's Mid-Atlantic Region along with 230 acres of land. The acquisition advances Holcim US' goal to fuel growth through bolt-on acquisitions in mature markets in the aggregates business. For more than 100 years the Basic Construction Company has worked in Eastern Virginia with a history of responsible operations and strong community roots. "We're excited to add this 230-acre strategic reserve, which will support our continued expansion in the Virginia market and begin a strong community engagement in New Kent County." -Cedric Barthelemy, Head of the Mid-Atlantic Region, Holcim US. The operations will be managed by Cedric Barthelemy, Head of Mid-Atlantic Region; Donnie Bostic, Area Manager, Southern Virginia; and Corey Johnson, General Manager, Mid-Atlantic Region. About Holcim: Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving circular construction as a world leader in recycling to build more with less. Holcim is the company behind some of the world's most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim, Lafarge and Malarkey Roofing Products. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

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