Trimble to acquire PeopleNet

Trimble has signed an agreement to acquire privately-held PeopleNet, a leading provider of integrated onboard computing and mobile communications systems for fleet management. The transaction is expected to close in the third quarter of 2011.
April 19, 2012 Read time: 1 min
RSS1985 Trimble has signed an agreement to acquire privately-held PeopleNet, a leading provider of integrated onboard computing and mobile communications systems for fleet management. The transaction is expected to close in the third quarter of 2011.

"PeopleNet is a key step in Trimble's strategy for addressing the complex regulatory and operational demands of enterprise companies in the transportation and logistics (T&L) market," said Steven W. Berglund, Trimble's president and chief executive officer. "In combination with other recent initiatives, including the acquisitions of Punch Telematix and Tata Automotive Mobility Technologies, Trimble now offers a portfolio of proven solutions to a growing international customer base. These new initiatives are expected to contribute strong operating margins and high customer retention. PeopleNet's management and employees will be the core of our Americas T&L business and we expect to provide seamless continuity to existing PeopleNet customers."
Location Based Systems

For more information on companies in this article

Related Content

  • Getting real with fleet management and passenger information
    September 2, 2013
    UK ticketing technology company Parkeon has partnered with information specialist Cloud Amber to develop a new way of using the in-built GPS/GPRS functionality of an electronic ticket machine to improve the scope and accuracy of real time information systems while reducing system cost, complexity and maintenance requirements. Newport Transport is to take advantage of the alliance to become one of the first bus operators in the country to take direct control of its real time information systems, using the t
    Read More
  • GridMatrix goes back to the future in New York City
    September 25, 2023
    Legacy traffic management infrastructure doesn’t have to be a marker of the past: software upgrades can bring it into the present in a cost-effective and timely way, says Gordon Feller
    Read More
  • Online tool aids accident prevention
    February 18, 2015
    A new online tool from the US Centers for Disease Control and Prevention (CDC), an interactive calculator called the Motor Vehicle PICCS (Prioritizing Interventions and Cost Calculator for States), provides a tool to help state decision makers prioritise and select from a suite of 12 effective motor vehicle injury prevention interventions. Accessible to the public, the tool helps each of the 50 states identify the best mix of safety devices to implement based on their cost-effectiveness and their capacity t
    Read More
  • ITS technology reduces congestion, improves workzone safety
    July 17, 2012
    As the road-building season gets under way in the US, the Federal Highway Administration has just published a White Paper which deals with the use of ITS technology in work zones. On 30 April 2009, the US Federal Highway Administration (FHWA) published a White Paper which was prepared by the US Department of Transportation (USDOT) to inform public agencies about the use of ITS to manage construction work zones. This is a particularly relevant topic given the large number of construction projects that are ex
    Read More

Highlighted Content