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Trimble To Acquire Transporeon To Strengthen And Accelerate Connect & Scale Strategy

Trimble To Acquire Transporeon To Strengthen And Accelerate Connect & Scale Strategy

12/12/22, 9:22 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgwestminster
Industry
software
transportation
saas
supply chain management
logistics
Trimble (NASDAQ: TRMB) announced today that it has agreed to acquire Transporeon, a leading cloud-based transportation management software platform, in an all-cash transaction valued at €1.88 billion. Transporeon's software platform provides modular applications that power a global network for 145,000 carriers and 1,400 shippers and load recipients with an integrated suite of best-in-class sourcing, planning, execution, monitoring and settlement tools. Trimble will acquire Transporeon from Hg, a leading software and services investor and current majority shareholder in the business.

Company Info

Company
Trimble
Location
Westminster, California, United States
Company info
Trimble Inc. is a technology company providing solutions in the fields of construction, agriculture, engineering, and geospatial. The company offers a variety of hardware and software tools to improve productivity and efficiency in these industries.

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