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Electronic Equipment & Products M&A image Electronic Equipment & Products M&A » By The Online Investor Staff, updated Thu., Apr. 25, 11:22 PM Recent mergers and acquisitions in the Electronic Equipment & Products M&A category.

Slide #72. Trimble Assets of C3

Acquirer: Trimble (NASDAQ:TRMB)
Acquiree: Assets of C3
Details: Trimble (NASDAQ: TRMB) announced today that it has acquired the assets of privately-held C3 of Madison, Wis. The acquisition will enable Trimble to provide unique soil information as well as decision recommendations to farmers' trusted advisorssuch as agronomists, Trimble resellers or Ag retail suppliers. Farmers will be able to view the C3 data and recommendations from their trusted advisor on the Connected Farm dashboard, a Web portal that provides one centralized location for farmers to view key information impacting their operations. To align with Trimble's brand agnostic strategy, the data can be applied to all manufacturer equipment types. Financial terms were not disclosed.

Trimble is a technology solutions provider. Co.'s work process solutions are used in architecture, building construction, civil engineering, geospatial, survey and mapping, agriculture, natural resources, utilities, transportation, and government. Co.'s segments are: Buildings and Infrastructure, which serves customers working in architecture, engineering, construction, and operations and maintenance; Geospatial, which serves customers working in surveying, engineering, and government; Resources and Utilities, which serves customers working in agriculture, forestry, and utilities; and Transportation, which serves customers working in long haul trucking and freight shipper markets.

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Company Name:  Trimble Inc
Stock buyback:  TRMB buyback
Website:  www.trimble.com
Sector:  Electronic Equipment & Products
Number of ETFs Holding TRMB:  93
Total Market Value Held by ETFs:  $2.47B
Total Market Capitalization:  $14.66B
% of Market Cap. Held by ETFs:  16.83%
 

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April 25, 2024    11:22 PM Eastern
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Buy (3.18 out of 4)
38th percentile
(ranked lower than approx. 62% of all stocks covered)

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