InEight, a US developer of construction project management software, is to acquire Australia’s  QA Software and its flagship product, TeamBinder, a document management and collaboration solution for the engineering and construction industry.  The acquisition price was not disclosed.

InEight’s existing portfolio of solutions span projects from design to estimate and from field execution to turnover.

“Document management is a rapidly growing market opportunity around the world,” said Dan Hicks, chief operating officer at InEight. “The TeamBinder team built a best-in-class solution that specifically meets these market needs.

“By integrating those capabilities with InEight’s unrivaled ability to provide customers with project efficiencies and visibility to project controls, field operations and collaborative BIM, we will provide a solution unlike anything else in the market.”

The acquisition provides significant opportunity for global expansion for InEight, especially in Asia Pacific . InEight will enhance its global operations with the addition of offices in Melbourne, Australia and Colombo, Sri Lanka .

“During the last three decades, InEight has transformed the industry, and it is the perfect fit to take TeamBinder to the next level,” said Russell Mortimer , chief executive officer at QA Software.

“Both of our teams and products are rooted in decades of engineering and construction project experience, creating a deep understanding of customer needs. I know that by delivering our products as a complete project life cycle solution, InEight is paving the way for new possibilities for software solutions in construction and will accelerate the innovation of document management solutions.”

The QDMS, QVDMS, QTIME, QTRAK and QMS product lines will not be included as part of the deal, and Russell Mortimer will continue ownership of these products through QDMS Solutions.