Trimble Inc. | |
Type: | Public |
Former Name: | Trimble Navigation Limited |
Founder: | Charles Trimble et al. |
Location City: | Westminster, Colorado |
Location Country: | U.S. |
Industry: | Geospatial, Construction, Agriculture, Transportation and Logistics, Telecommunications, Asset tracking, Mapping, Utilities, Mobile Resource Management, Government, RFID |
Revenue Year: | 2023 |
Operating Income: | US$449 million |
Income Year: | 2023 |
Net Income: | US$311 million |
Net Income Year: | 2023 |
Assets: | US$9.54 billion |
Assets Year: | 2023 |
Equity: | US$4.50 billion |
Equity Year: | 2023 |
Num Employees: | (2023) |
Footnotes: | [1] |
Trimble Inc. is an American software, hardware, and services technology company. Trimble also does hardware development of global navigation satellite system (GNSS) receivers, scanners, total stations, laser rangefinders, unmanned aerial vehicles (UAVs), inertial navigation systems and software processing tools.
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.[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.
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.[7]
On October 30, 2019, Trimble announced that its board of directors 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.[8]
A solution that facilitates collaboration between shippers and carriers to optimize how freight moves throughout the supply chain.[9] In November 2020, the firm signed an agreement with Boston Dynamics to further develop the Spot dog product.[10]
On October 6, 2022, Trimble announced its headquarters had relocated to Westminster, Colorado from Sunnyvale, California.[11] [12]
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.[13]
In May 2024, Trimble acquired Flashtract, a company specialized in payment, compliance, and documentation exchange.[14]