Trimble Enters into Definitive Agreement to Acquire TopoSys to Extend its Geospatial Solutions
Written by Trimble
Friday, 26 September 2008
SUNNYVALE, Calif., Sep. 26, 2008 Trimble (NASDAQ: TRMB) today
announced that it has entered into a definitive agreement to acquire
TopoSys GmbH of Biberach an der Riss, Germany in an all-cash
transaction.
TopoSys is a leading provider of aerial data collection systems comprised of LiDAR and metric cameras. Closing of the transaction, anticipated to occur in the fourth quarter, is subject to certain closing conditions. Financial terms were not disclosed.
TopoSys aerial data collection systems are used by service companies collecting geospatial data by LiDAR and photogrammetry as well as state authorities and municipalities involved in supplying geospatial information. Typical applications include mapping for coastline protection, floodplain control, city modeling, opencast pit mining, and corridor mapping.
Over the last two years, TopoSys has evolved from an aerial services business to an aerial data collection systems developer and integrator. The acquisition of TopoSys extends Trimble's portfolio of engineering scale mapping and asset management solutions. TopoSys will also provide a European footprint to support Trimbles aerial mapping customers, who face short flight seasons, with regional support.
TopoSys complements the aerial imaging solutions offered by our subsidiaries Applanix and INPHO. As an integrator of the Applanix POSTrack direct georeferencing and flight management system and RolleiMetric aerial industrial camera, TopoSys has developed high productivity aerial data collection systems for engineering scale mapping and asset management, said Ken Spratlin, director for strategy and business development for Trimble. As part of the Trimble Connected Site solutions, these systems will provide high accuracy as-builts, enabling advanced process and workflow integration from the design phase through construction to the subsequent maintenance phasedelivering significant improvements in productivity.
With Trimbles focus on the geospatial solutions business, joining the company accelerates TopoSys evolution to an aerial data collection systems developer and integrator, said Svein Vatslid, managing director of TopoSys. We are pleased to become a part of Trimble."
Svein Vatslid and the staff of TopoSys will join Trimble and will be reported as part of the Engineering and Construction segment.
About TopoSys GmbH
TopoSys, founded in 1995, commercialized the airborne fiber optic laser scanner together with a line camera to obtain information of the topography. Today, TopoSys has customers in service companies as well as state authorities and municipalities who use its aerial data collection solutions and services for coastline protection, floodplain control, city modeling, opencast pit mining, and corridor mapping.
For more information, visit: www.toposys.com
About Trimble
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or locationincluding surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,600 employees in over 18 countries.
For more information, visit: www.trimble.com
Certain statements made in this press release are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, and actual events and results may differ materially from those described in this news release. Factors that could cause or contribute to such differences include, but are not limited to, continued customer use and future market adoption of TopoSys solutions and, more generally, aerial data collection and processing solutions, Trimbles ability to integrate its portfolio of aerial imaging and data collection solutions or to provide compelling solutions that deliver significant improvements in productivity to users, and changing economic trends and competitive pressures in the industry. Additional risks and uncertainties include: the risks inherent in integrating acquisitions; the ability to realize synergies through the integration of TopoSys and its products; unanticipated expenditures, charges or assumed liabilities that may result from the acquisition; and retaining key personnel. More information about potential factors which could affect Trimble's business and financial results is set forth in reports filed with the SEC, including Trimble's quarterly reports on Form 10-Q and its annual report on Form 10-K. All forward looking statements are based on information available to Trimble as of the date hereof, and Trimble assumes no obligation to update such statements.
Mobile Technology Feature - Top 10 Business Apps for Android - Android has become one of the most popular mobile operating systems
in the world due to advanced software, competitive manufacturers, and an
app market that is filled with exciting and useful applications. Read
on for this fine Top 10 List compiled by tech writer, Blake Sanders
The Really Big List of Mapping, Geo location Mobile developer resources, APIs and Tools - The Mobile Ecosystem... no question that mobile is huge and
the opportunity for developers, in particular, geo developers! There's
loads of developer resources on the web so to help the developer,
here's a listing of just some of the fine dev resources, blogs,
toolsets and more to consider when developing or porting your app to a
smartphone or Tablet.
ArcGIS.com Mashup Tutorial with Flickr and Foursquare data-
Here's a simple "how to" tutorial on working with the free ArcGIS.com
to easily import KML or RSS data from Flickr and foursquare into ArcGIS
to create your own custom map mashup. ArcGIS.com has some recent
updates including support for KML, be sure to check it out!
Most Users of Free Photo Apps Say Adding Cool Effects is Most Useful - Adding cool effects
to photos was rated as the most useful thing by more than halfof
consumers surveyed using free online photography services, according to
CatchFree a free
online service that helps people find the best free mobile and web applications
to perform useful tasks.
Amazon Kindle Fire Tablet Up Close - No Replacement for the iPad But Pretty Darned Sweet - As could be
expected, speculation and blogging is rampant with many stories and
pseudo "reviews" coming out, many of them touting the next "iPad
killer".
Mobile Developer Resource - MapQuest & The Mobile Worker - Facility management companies, surveyors, multi-level marketing,
insurance claims, pipeline companies, water utilities; all have field
workers who would benefit from mobile applications. Not only checking in
to work sites, but keeping a record of the work done
Flickr GPS Photo Tag Tip - Here's a tip for Flickr users who want to share their GPS information
with their photos. note, in order to do this you'll need to be
capturing photos using a GPS-enabled or GPS-aware camera (see you're
smartphone hardware settings to ensure that GPS or location sharing is
turned "ON)".
Mobile data usage in Canada to triple between 2010 and 2012 - Some interesting, yet not terribly surprising, numbers on mobile
usage coming out of Canada. According to a report summarized on
Techvibes, mobile usage is soaring, in particular, the smartphone
segment
Social Location Directory
Do you have a location-aware application, social location service or other location-sensitive service that you'd like to share with us? Please browse this growing directory of Social location Services and feel free to leave a link to your favorite service! See the Directory HERE
Suggested Reading
The Underground Guide To The iPhone:
The iPhone is – if I may say so – one of the greatest mobile
revolutions of the past decade. More and more, mobile phones seem to
materialize out of our wildest dreams. Because of the tight integration
of third-party applications, you can do nearly everything with your
device — be it gaming, working, fooling around, and of course phoning.
Good Mobile Messaging: Executives and professional field forces spend an increasing amount of time on the road tending to business.
Mobile Apps - Native or Web?:
You probably have a plan to build a mobile app, but you've struggled
with the basic question - Should I build it using open web standards
such as HTML, CSS, and JavaScript, or should I build it as a native app
for the devices I want to target?
iBike Coach App- a new “Always On” feature always gathers data
Nike+ GPS App- for sports tracking, recording and sharing
Featured Events
Content & Apps for Automotive Europe 2012 (18-19 April, Germany)
will give you key insights on how in-vehicle connectivity is being
revolutionised as OEMs integrate dynamic content to stay relevant
throughout the vehicle life cycle.
Location Intelligence for Enterprise - Europe 2012, January 16-17, London Hear from Google, Jones Lang LaSalle, Tesco, Willis, Oracle,
ESRI, Microsoft, PBBI and many more as they debate the best strategies
for business models and integration.
Consumer Telematics Show 2012 (Jan 9, Mandalay Bay, Las Vegas, USA) is the most prestigious and
dynamic consumer telematics focused meeting for the automotive industry.
Held in Las Vegas on the eve of the Consumer Electronics Show (CES),
this year's senior-level speakers will include General Motors, Audi,
Toyota, Panasonic, Continental, Hughes Telematics, Gartner, KIA,
Mercedes-Benz and many more
Esri Dev Summit - The
Esri Developer Summit (DevSummit) brings together developers and GIS
professionals from all over the globe. March 26-29, 2012, Palm Springs,
CA