Seeking Alpha

Trimble Navigation Limited (TRMB)

  • Dec. 23, 2014, 1:26 PM
    • Trimble (TRMB -0.3%) has bought Iron Solutions, a provider of analytics tools for agricultural producers and dealers. Terms are undisclosed.
    • Iron claims to manage "over 15 million data points annually from over 1,200 manufacturers and over 2,200 retail sources throughout North America." Its products cover equipment pricing and dealership optimization, and also include an equipment marketplace.
    • Trimble has been growing its software exposurel; the company bought real estate software provider Manhattan Software in August. Agriculture was a weak spot for the company in Q3.
    | Comment!
  • Aug. 19, 2014, 1:13 PM
    • Trimble (TRMB -0.4%) has acquired Manhattan Software, a provider of software that helps enterprises plan, manage, and analyze their real estate assets. Terms are undisclosed.
    • In spite of its name, Manhattan is based out of London. The company has 270+ employees and claims 350+ clients, nearly half of whom are in the Fortune 1000.
    • Trimble declares the pairing of Manhattan's software with its existing real estate industry products will boost its ability to "deliver total lifecycle solutions that will allow owners and facilities managers to access data captured during the building planning, design, construction and renovation phases."
    • Two months ago, Trimble bought 3D building information modeling (BIM) services firm Maybim.
    | Comment!
  • Jun. 3, 2014, 12:03 PM
    • Trimble (TRMB +0.7%) is acquiring Maybim, a provider of 3D building information modeling services to mechanical, electrical, and plumbing contractors. Terms are undisclosed.
    • Trimble asserts Maybim allows contractors to "rapidly scale their BIM capabilities regardless of the requirements from the building owner or general contractor." The company will be added to Trimble's engineering & construction segment (saw 16% Y/Y growth in Q1).
    • Separately, Trimble has launched Soil Information System (SIS), a product that gives farmers and their advisers "in-depth 3-D soil data they can use to make more informed decisions about their crop production goals."
    | Comment!
  • Dec. 12, 2013, 10:45 AM
    • Continuing a string of acquisitions, Trimble (TRMB -0.3%) acquires crop and soil data provider C3. Terms were undisclosed.
    • The purchase is a continuation of Trimble's push to expand its agricultural business - it bought 3 companies in the sector back in Aug.
    | Comment!
  • Nov. 21, 2013, 9:26 AM
    • Trimble Navigation (TRMB) continues its acquisition streak, buying English steel/concrete design software analysis firm CSC (Civil & Structural Computing) from ISIS Equity Partners. Terms were undisclosed.
    • CSC is a strategic partner of Tekla, a company Trimble acquired in 2011.
    • The company had a net profit of £483K during the FY ended March 2011.
    | Comment!
  • Aug. 27, 2013, 2:27 PM
    • Trimble Navigation (TRMB -2.2%is building its agriculture business through 3 acquisitions.
    • It acquired Rainwave, a precipitation monitoring services firm that uses GPS tech to replace on-site gauges, Hydro-Engineering Solutions, a civil engineering company that specializes in hydrology and hydraulics, and IQ Irrigation, a software company which uses GPS to optimize irrigation systems.
    • Trimble has closed the acquisitions of Rainwave and Hydro-Engineering Solutions. It expects to close the purchase of IQ Irrigation in Aug.
    | Comment!
  • Jan. 3, 2013, 6:36 AM
    Trimble (TRMB) acquires privately-held GPS provider ALK Technologies for an undisclosed amount. ALK's products, including CoPilot Live and PC*MILER, are used by 64% of all for-hire carriers, including 98 of the top 100. (PR)
    | 1 Comment
  • May. 23, 2012, 6:48 PM
    Trimble (TRMB), the world's biggest maker of GPS/positioning hardware for commercial applications, has acquired mobile GPS software firm Spime, VentureBeat reports. Spime's MapMan positioning software is used by smartphone app developers, though its products could also be used in commercial hardware.
    | Comment!
  • May. 9, 2011, 9:09 AM
    Trimble Navigation (TRMB) +6% premarket after the maker of global positioning equipment offers $485M to acquire Finnish software firm Tekla. Trimble expects the integration of Tekla's BIM software with its own building construction solutions to result in "a compelling set of productivity solutions for contractors." (PR)
    | Comment!
Visit Seeking Alpha's
TRMB vs. ETF Alternatives
Company Description
Trimble Navigation Ltd provides integrated positioning, wireless, and software technology solutions that enable field and mobile workers to be more productive.