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

  • Trimble calls for Dimensions 2014 user conference speakers
    June 12, 2014
    Trimble is now accepting speaker candidates for the Trimble Dimensions 2014 International User Conference.
    Read More
  • Extended Traffic Control in 2014 and beyond
    April 3, 2014
    One leading traffic control solution company has announced a major acquisition to broaden its customer offer, while the delivery of an ambitious real-time journey information service for Scotland’s motorists is well on track. Guy Woodford reports Kapsch’s TrafficCom says its high-profile recent US$16 million acquisition of Transdyn will enable it to offer current and future customers worldwide an extended end-to-end product and solution portfolio for intelligent transport systems (ITS). The acquisitio
    Read More
  • Machine control brings accuracy to US paving job
    November 2, 2012
    The historic city of Raleigh in North Carolina is one of the few cities in the US that was planned and built specifically to serve as a state capital and its population and traffic volume have grown enormously in recent years An indicator of Raleigh's growth has been the need for an expanded roadway system to serve Wake County. As early as the 1970s there were plans for a Western Wake Expressway. This developed into a 112km, interstate-grade beltway, known as the Raleigh Outer Loop, which will encompass Ral
    Read More
  • New telematics solution from Caterpillar and Trimble
    March 11, 2017
    Trimble and Caterpillar plan to deliver a connected on-highway telematics solutions to construction operations. This will form part of the CAT Connect offering for customers, extending the solutions to include Trimble's real-time, truck fleet visibility and monitoring capabilities. This will enable both on-highway and off-highway fleet management solutions for customers.
    Read More

Highlighted Content