Greater Market Prospects for Tekla through its Latest Acquisition
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Greater Market Prospects for Tekla through its Latest Acquisition

By CIOReview | Monday, April 21, 2014

FREMONT, CA: Tekla, provider of Building Information Modeling (BIM) software acquires SVS Innovations’ (SVSi) construction software business and its advanced Field3D mobile technology.

Field3D is comprehensible 3D collaboration software solution for BIM for mobile platform, providing stakeholders in a construction workflow to access complete 3D model information for an entire building on digital devices.

“One of Tekla’s key objectives is to extend BIM’s reach from the design office to the field, and Field3D technology will help us achieve this goal. Field3D technology focuses on solutions for mobile operating systems and the acquisition further strengthens Tekla’s position as a premier provider of advanced BIM technology,” said Mr. Risto Räty, Executive Vice President of Tekla Corporation.

Tekla and SVSi suggest technology that streamlines management of huge amount of data. Tekla’s constructible, accurate models illustrate several complex structures with detailed construction information, whereas Field3D can effortlessly manage 3D models on mobile devices irrespective of their size. The solutions also share an open approach to BIM. Through their support for Industry Foundation Classes and other 3D modeling file formats, they offer vast range of modeling solutions.

“Field3D is now part of a larger offering, and we believe that is the right way forward for our clients. Tekla’s global market position enables users to quickly deploy the benefits of this advanced technology. This acquisition demonstrates the value of our mobile 3D platform, and now we can continue leveraging this innovative technology to other industries,” said Mr. Antti Nurminen, CEO of SVS Innovations.