Reported 21 days ago
Trimble and Platform Science have successfully completed a strategic merger of their telematics businesses just before Trimble's annual customer meeting in Las Vegas. This move, aimed at enhancing operational focus and scale, will see Trimble owning 32.5% of the newly combined entity, highlighting a commitment to deeper collaboration and investment in technology. CEO Rob Painter emphasized the importance of having a stake in the venture, advocating that the merger aligns with customer interests and market growth potential.
Source: YAHOO