Trimble To Acquire Transporeon To Strengthen And Accelerate Connect & Scale Strategy
Acquiring Company
Trimble
Acquired Company
Transporeon
Description
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.
Quick answer
Trimble is acquiring Transporeon, announced December 12, 2022. Trimble is based in Westminster, Colorado, United States.
- How much did Trimble pay for Transporeon?
- The deal value was not disclosed.
- What does Trimble do?
- Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done.
- Where are Trimble and Transporeon based?
- Trimble is based in Westminster, Colorado, United States.
- Who are the decision-makers at Trimble?
- Fundz holds 3 contacts at Trimble. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Wisetech Global Acquires Envase Technologies Leading North American Landside Logistics Software Platform (January 24, 2023)
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Who to call at Trimble, and when
When Trimble changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Trimble raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Trimble, from your own LinkedIn network
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Frequently asked
Who acquired Transporeon?
Transporeon was acquired by Trimble, based in Westminster. The deal was reported on December 12, 2022. Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. Trimble is publicly traded (TRMB) and operates in Software.
When did Trimble acquire Transporeon?
Trimble's acquisition of Transporeon was reported on December 12, 2022. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Transporeon do?
At Transporeon, our mission is to bring transportation in sync with the world. We power the largest global freight network of +1,300 industrial shippers, +100 large retailers and +145,000 carriers and logistics service providers. It is privately held, operating in Transportation.
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