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

  • Accurate utilities detection
    November 26, 2024

    Trimble and Radiodetection are collaborating to improve the technology used in the utility measurement and mapping process. Integrating the Trimble Catalyst DA2 GNSS system and Radiodetection’s RD MapTM+ application and precision locator products helps to streamline utility-locating workflows to provide accurate measurement capabilities and generate underground utilities maps in a single field operation.

    Read More
  • David Beatenbough talks about LiuGong’s achievements and its ambitions.
    January 6, 2017
    The year 2012 has been a milestone for Chinese construction equipment manufacturer LiuGong. In January it announced completion of the purchase of Polish company HSW (Huta Stalowa Wola) and its distribution subsidiary Dressta, LiuGong’s first outright acquisition outside its domestic market. HSW produces bulldozers and other crawler machines, while LiuGong is ranked as the largest wheel loader manufacturer in the world, and is also said to be among the world’s fastest growing CE companies.
    Read More
  • David Beatenbough talks about LiuGong’s achievements and its ambitions.
    April 2, 2012
    The year 2012 has been a milestone for Chinese construction equipment manufacturer LiuGong. In January it announced completion of the purchase of Polish company HSW (Huta Stalowa Wola) and its distribution subsidiary Dressta, LiuGong’s first outright acquisition outside its domestic market. HSW produces bulldozers and other crawler machines, while LiuGong is ranked as the largest wheel loader manufacturer in the world, and is also said to be among the world’s fastest growing CE companies.
    Read More
  • How data mining and the intelligence it creates is helping sites run more effectively and efficiently
    December 13, 2022
    In this, the third in our series of top-level roundtable discussions led by World Highways, editor Mike Woof and roundtable host Nadira Tudor talk machine control technology with three world-class experts from Leica Geosystems (part of Hexagon), Topcon, and Trimble. There’s never been a more exciting time to be in construction as innovation makes us more productive, more efficient, more sustainable, and better connected. Autonomy means opportunity.
    Read More

Highlighted Content