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

  • Rapid growth of bus rapid transit schemes on US Pacific coast
    January 27, 2012
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
    Read More
  • Q&A: Datacard Group
    November 4, 2014
    Melissa Prosen, director of brand and communications for Datacard Group, tells CARTES Daily News about the acquisition of Entrust, future roadmaps and the Internet of Things
    Read More
  • Transportation management market set to grow 12.3 per cent by 2019
    February 13, 2014
    MarketsandMarkets recently conducted a study on the Transportation Management Market [Transportation Management Systems, Fleet Management Solutions, Freight Audit & Payment, Route Planning & Optimisation, Managed Services, Business Services] - Global Advancements Market Forecasts and Analysis (2014 - 2019), which analysed and studied the major market drivers, restraints, and opportunities in North America, Europe, Middle East and Africa, Asia Pacific (including Japan), and Latin America. The study report
    Read More
  • IBTTA names new president
    January 13, 2015
    A Miami transportation executive, Javier Rodriguez, executive director of the Miami-Dade Expressway Authority (MDX), has been named 2015 president of the International Bridge, Tunnel and Turnpike Association’s (IBTTA). As a transportation leader, Rodriguez is poised to lead IBTTA during this challenging time. Under Rodriguez's leadership, MDX converted its expressways to an all-electronic system. Before joining MDX in 2007, Rodriguez spent 16 years with the Florida Department of Transportation, including
    Read More

Highlighted Content