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

  • LeddarTech receives Frost & Sullivan Product Innovation award
    January 8, 2016
    Based on its recent analysis of the advanced driver assistance systems (ADAS) market, Frost & Sullivan has awarded LeddarTech the 2016 North American Frost & Sullivan Award for Product Innovation.The company markets an innovative time-of-flight optical detection and ranging technology, Leddar, which brings many new capabilities to the table. These include short- and long-range detection capabilities for a variety of automotive and transportation applications, narrow to wide fields of view, low sensitivity t
    Read More
  • Cubic adds NFC capability to smartphones
    November 4, 2014
    Cubic Transportation Systems is to integrate On Track Innovations’ (oti) Wave near field communication (NFC) device into its NextWave mobile mass transit platform, adding NFC capability to virtually any smartphone or tablet through the audio jack. Launched in September 2013, Cubic’s NextWave platform simplifies the complexities of deploying mobile services by providing a cloud-based solution that integrates closed- and open-loop contactless fare systems, payment processors, mobile networks, NFC platforms
    Read More
  • Ford and Toyota announce hybrid and telematics collaboration
    April 18, 2012
    Ford Motor Company and Toyota Motor Corporation have announced they will equally collaborate on the development of an advanced new hybrid system for light truck and SUV customers. The two companies also agreed to work together on enablers to complement each company's existing telematics platform standards, helping bring more Internet-based services and useful information to consumers globally.
    Read More
  • Trimble partners with CalAmp to deliver fleet and asset management solutions
    January 4, 2018
    To strengthen its Field Service Management (FSM) portfolio, Trimble has selected CalAmp to supply customized telematics tracking devices and systems management technology for its FSM vehicle and asset monitoring solutions. The technology allows fleet managers and equipment dealers to locate and monitor the health and utilization of their vehicles and equipment, and proactively manage maintenance. Trimble will focus on the value-add fleet management, work management, diagnostics, driver safety and
    Read More

Highlighted Content