logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Trimble Completes Transporeon Acquisition

Apr 03, 2023•over 2 years ago

Acquiring Company

Trimble

Acquired Company

Transporeon

WestminsterSoftwareTransportationSaasSupply Chain ManagementLogistics

Description

Trimble (NASDAQ: TRMB) announced today that it has completed its previously announced acquisition of Transporeon. As a leading cloud-based transportation management platform, Transporeon provides modular applications that power a global network for more than 150,000 carriers and 1,400 shippers and retailers with an integrated suite of best-in-class sourcing, planning, execution, monitoring and settlement tools.

Company Information

Company

Trimble

Location

Westminster, California, United States

About

Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed