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

  • British Tunnelling Society conference: digging deep for data
    December 13, 2016
    Tunnelling innovation is creating mountains of data for contractors and designers, delegates to a recent British Tunnelling Society (BTS) conference heard Successful innovation in tunnelling techniques and technologies is creating more and more data, thanks to digitalisation.
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • GNSS technology from Trimble to help rebuild Ukraine
    October 4, 2023
    GNSS technology from Trimble will help to rebuild Ukraine.
    Read More
  • Hemisphere & Carlson ‘strategic’ alliance
    January 6, 2017
    US firms Hemisphere GPS and Carlson Software have formed a ‘strategic alliance’. The move, according to the companies, will provide a “roadmap” for new, integrated solutions for land survey, mapping, construction, mining and other key machine control markets.
    Read More

Highlighted Content