e-Builder acquires construction technology company

e-Builder, a provider of cloud-based construction program management software, said this week that it has acquired the assets of Scenario Virtual Project Delivery, which develops collaborative Building Information Modeling (BIM) technology for construction. BIM technology allows project managers to create digital representations of projects before construction begins in order to spot potential problems. Terms of the deal were not disclosed.

“BIM adoption rates are on the rise as facility owners seek new strategies to improve project outcomes and reduce the risk on their projects,” said Ron Antevy, CEO of e-Builder, which is based in Plantation. “While many project management and BIM technologies are available for contractors and designers, our combined technology will provide the only integrated system that is designed from the ground up to meet the needs of the building owner throughout the process from planning to construction.”

Project managers from global companies, government agencies and healthcare and educational institutions use e-Builder’s flagship product, e-Builder Enterprise, to increase productivity and reduce project costs. For example, e-Builder said Cedars-Sinai Medical Center is currently managing the implementation of a $1 billion Facility Master Plan with the help of e-Builder’s technology.

This story was originally published July 22, 2015 at 2:51 PM with the headline "e-Builder acquires construction technology company."