Trimble Inc.
 | |
| Formerly | Trimble Navigation Limited |
|---|---|
| Company type | Public |
| Industry | Geospatial, Construction, Agriculture, Transportation and Logistics, Telematics, Asset tracking, Mapping, Utilities, Mobile Resource Management, Government |
| Founded | November 1978 |
| Founder | Charles Trimble et al. |
| Headquarters | , U.S. |
Key people |
|
| Revenue |  US$3.68 billion (2024) |
 US$461 million (2024) | |
| US$1.50 billion (2024) | |
| Total assets | US$9.49 billion (2024) |
| Total equity | US$5.76 billion (2024) |
Number of employees | 12,100 (2024) |
| Website | trimble |
| Footnotes / references [1] | |
Trimble Inc. is an American software, hardware, and services technology company. Trimble also develops hardware for Vehicle tracking systems including global navigation satellite system (GNSS) receivers, scanners, total stations, laser rangefinders, unmanned aerial vehicles (UAVs), inertial navigation systems and software processing tools.
History
[edit]Trimble Navigation was founded in November 1978[2] by Charles Trimble and two partners from Hewlett-Packard. It initially operated above a movie theatre in Los Altos, California.
In 2002, Caterpillar and Trimble formed a joint venture, Caterpillar Trimble Control Technologies (CTCT), to develop machine control products for improved customer productivity and lower costs on earthmoving projects.[3] In 2003, Trimble acquired 3D Laser Scanning company MENSI.[4]
Trimble acquired the 3D modeling software package SketchUp from Google in 2012 and acquired TMW Systems, a provider of Fleet management software, the same year.[5] In 2016, it acquired Sefaira (sustainability analysis software including energy modeling and daylight visualization).[6]
The company changed its name from Trimble Navigation Limited to Trimble Inc.; the name change and change in legal domicile became effective October 1, 2016.[7][8] Later that month, Trimble divested its UAV manufacturing business to France-based Delair.[8][9]
On April 23, 2018, Trimble agreed to acquire privately held Viewpoint from investment firm Bain Capital in an all-cash transaction of US$1.2bn, with an expected completion in Q3 of 2018.[10]
On October 30, 2019, Trimble announced that its board of directors had unanimously elected Robert G. Painter as president and CEO of Trimble, effective January 4, 2020. Painter joined the Trimble Board of Directors on January 4, 2020 as well.[11]
In November 2020, the firm signed an agreement with Boston Dynamics to further develop the Spot dog product.[12]
On October 6, 2022, Trimble announced its headquarters had relocated to Westminster, Colorado, from Sunnyvale, California.[13]
On September 28, 2023, AGCO announced that it would acquire an 85% stake in Trimble's agriculture business as a part of a new Joint Venture.[14]
In May 2024, Trimble acquired Flashtract, a company specialized in payment, compliance, and documentation exchange.[15]
References
[edit]- ^ "Trimble, Inc. 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. April 25, 2025.
- ^ "Silicon Investor (SI) -- The First Internet Community". Silicon Investor. August 31, 2000. Retrieved March 13, 2016.
- ^ "Caterpillar and Trimble Form New Joint Venture to Improve Customer Productivity and Lower Costs on the Construction Site". Retrieved October 5, 2008.
- ^ "Trimble Acquires 3D Laser Scanner Leader - MENSI". giscafe.com.
- ^ Webster, Andrew (April 26, 2012). "Google sells 3D modeling tool SketchUp to Trimble Navigation". The Verge. Retrieved December 15, 2022.
- ^ Staff Writer (February 21, 2016). "US: Trimble acquires software developer Sefaira".
- ^ "Trimble Changes Name to Reflect Company's Technology Evolution" (Press release). PR Newswire. October 3, 2016.
- ^ a b Carey, Bill (October 11, 2016). "French Drone Service Provider Acquires Trimble Business". Aviation International News.
- ^ Guttierez, Peter (October 10, 2016). "Trimble's Big Deal". Inside Unmanned Systems.
- ^ "Trimble to buy privately-held Viewpoint in $1.2 billion deal". Reuters.com. UK. Retrieved May 11, 2018.
- ^ "Trimble Announces CEO Succession". Geospatial World. October 31, 2019. Retrieved October 31, 2019.
- ^ "Trimble and Boston Dynamics form autonomous robot alliance". November 17, 2020.
- ^ "International tech company relocates headquarters to Westminster". October 6, 2022.
- ^ Deka, Kannaki (September 28, 2023). "AGCO Corp to acquire $2 billion stake in Trimble unit to boost agri portfolio". Reuters. Archived from the original on September 28, 2023. Retrieved October 13, 2023.
- ^ Thibault, Matthew (May 15, 2024). "Trimble acquires payments, compliance platform Flashtract". Construction Dive. Retrieved September 1, 2024.
External links
[edit]- Business data for Trimble Inc.:
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