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

  • IRD appoints new vice president
    January 6, 2017
    International Road Dynamics (IRD) has appointed Michael Wieck as vice president Intelligent Transportation Systems (ITS) Data Solutions. He will have with responsibility for the development and implementation of customer acquisition strategies to support the growth of IRD's traffic data and information solutions business with the company's Software as a Service (SAAS) for traffic intelligence solutions. Wieck has over 20 years of experience in the ITS industry, mainly focused on strategic business develo
    Read More
  • Partnership delivers video surveillance solution
    November 28, 2012
    In a partnership designed to address and overcome the challenges of the amounts of data generated by digital video surveillance systems, video surveillance and security products supplier Samsung Techwin is to collaborate with computer and IP storage provider Pivot3 to offer a unified IP video surveillance solution to new and existing clients. By combining Pivot3 vSTAC Watch appliances with Samsung video management software and security cameras, surveillance users can leverage one appliance for the viewing,
    Read More
  • Ush & Poppy take AVs to Antwerp-Bruges
    February 24, 2025
    Vay app offers autonomous mobility solutions in Brussels and Las Vegas
    Read More
  • Tracis acquires Datasys
    May 19, 2014
    A Manchester firm that specialises in software for the transport industry has been acquired by listed Leeds group Tracsis in a cash and shares deal worth US$7.5 million. Datasys, which employs 17 staff, provides rail management software systems, business applications and hosting services for the majority of the UK's train operating companies, such as First Group, Go-Ahead, Stagecoach, National Express, Arriva, and Virgin. Tracsis believes that the products, services and development capabilities of Da
    Read More

Highlighted Content