Trimble enters agreement to acquire Ashtech

Trimble has entered into a definitive agreement to acquire privately-held Ashtech headquartered in Carquefou, France, and its affiliates.
February 17, 2012 Read time: 2 mins

2122 Trimble has entered into a definitive agreement to acquire privately-held 2792 Ashtech headquartered in Carquefou, France, and its affiliates.

The acquisition is expected to expand Trimble's 2373 Spectra Precision portfolio of survey solutions and allow the company to better address emerging markets worldwide.

"With the acquisition of Ashtech, survey and construction professionals using Spectra Precision’s range of surveying solutions should be able to enjoy an even more comprehensive set of GNSS [Global Navigation Satellite System] instruments to meet their daily job requirements," said Joe Denniston, vice president of Trimble's Spectra Precision Business.

"Combining Ashtech's wide portfolio of GNSS products with Spectra Precision's global distribution network can provide surveyors exciting new choices for optimal efficiency."

Francois Erceau, vice president and general manager of Ashtech, said: "Trimble's acquisition of Ashtech is an ideal fit for both organisations. Our innovative GNSS portfolio and expertise complements Spectra Precision’s powerful brand and global reach."

The operating results of the acquired business will be reported within Trimble's Engineering and Construction segment.

Ashtech is said to be an industry innovator and has been developing GNSS technology for more than 25 years.

It created BLADE technology, a method for using multiple GNSS constellations for high-accuracy positioning.

It also introduced the MobileMapper series of products for GIS and mapping as well as the ProFlex 500 and ProMark series, including the ProMark 500, ProMark200 and ProMark100, a GNSS land survey product line currently on the market.

Connected Construction

For more information on companies in this article

Related Content

  • Latest GIS and software tools improve operations
    February 24, 2012
    Innovative GIS and software solutions are coming to market from the three key market players - Mike Woof reports Competition is strong in the field for GIS and surveying systems as well as the associated software. The three major players in the sector, Leica Geosystems, Topcon and Trimble, all invest heavily in research and development and continue to roll out new solutions for construction customers that will boost the efficiency of surveying as well as overall project implementation.
    Read More
  • Atlas Copco acquires Hartl
    February 7, 2012
    Atlas Copco Austria has acquired Hartl Anlagenbau, Austria, a company that manufactures and sells mobile crushers and screeners. By this acquisition Atlas Copco enters the growing mobile crushing and screening market. "The acquisition strengthens Atlas Copco's position as a leader within surface rock excavation and handling, as w
    Read More
  • Trimble Dimensions 2012 exhibits revolutionising construction technology
    December 14, 2012
    More than 3,500 visitors from 80 countries attending Trimble Dimensions 2012 gained a vital insight into how information technology is revolutionising working practises in, among other fields, heavy civil construction, building construction, surveying, mapping and GIS, and transport and logistics Guy Woodford was among those attending the three-day event at The Mirage hotel in Las Vegas, USA Themed Transform the Way the World Works, Trimble Dimensions 2012 had new hardware and software launches aplenty, as
    Read More
  • More satellites, more signals
    July 20, 2012
    Greater GPS accuracy suggests closer tolerances for surveying and machine control functions What happens in the future for GPS surveying and machine control could depend on satellite choice and signals. Right now there are around 30 satellites in orbit, largely built by the US, but by 2012 that could rise to 120 as Europe, China, India and Russia fully enter the market. A chequered history has faced the European's Galileo system. At long last, the finance appears to be in place and the European Commission a
    Read More

Highlighted Content