Trimble acquires 3 agriculture-focused companies

|About: Trimble Navigation Limited (TRMB)|By:, SA News Editor

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.