SUNNYVALE, Calif. and BIRMINGHAM, Ala., Oct. 05, 2020 (GLOBE NEWSWIRE) — Trimble (NASDAQ: TRMB) and Command Alkon introduced as we speak that Command Alkon, a Thoma Bravo portfolio firm and main supplier of a provider collaboration platform for development’s heavy work, has entered right into a definitive settlement to amass Trimble’s development logistics enterprise. The transaction is predicted to shut within the fourth quarter of 2020. Monetary phrases weren’t disclosed.

The acquisition will mix the perfect of Trimble development logistics telematics options with Command Alkon’s main fleet and workforce administration choices for the heavy work group.

Trimble’s development logistics options present ready-mix and aggregates supply managers with instruments to trace, schedule, route and talk throughout the fleet for environment friendly supply of merchandise. Fleets profit from automated real-time car location and standing, turn-by-turn navigation, monitoring and diagnostics in addition to enterprise analytics and reporting.

Command Alkon leads the trade with its know-how options for heavy materials suppliers, haulers, and contractors within the heavy civil development area. The corporate has developed a strong suite of options that span the trade’s worth chain, and supply mission-critical know-how for its clients.

“As we work on the execution of Trimble’s Join and Scale 2025 technique, we’re frequently evaluating our portfolio of companies,” mentioned Rob Painter, president and CEO of Trimble. “As we refocus our efforts on the corporate’s core development capabilities, Command Alkon is a perfect match for this chance with prepared combine and aggregates enterprise being key focus areas for his or her portfolio of choices.”

“Command Alkon is dedicated to delivering options that digitize and innovate the heavy work trade, and this transaction delivers on that promise,” mentioned Phil Ramsey, CEO at Command Alkon. “Per our technique, this acquisition will permit for extra sturdy, lasting options and ship invaluable insights that drive elevated efficiencies and improved decision-making throughout our clients’ fleets.”

Trimble’s development logistics enterprise has been reported as a part of the Constructing and Infrastructure Phase. The sale won’t have a cloth affect on Trimble’s phase or total monetary outcomes.

About Command Alkon

Because the supplier of a number one Provider Collaboration Platform for Heavy Work, Command Alkon options ship provide chain digital collaboration throughout the heavy development group. CONNEX, a know-how platform constructed for the trade, permits enterprise companions to automate and combine enterprise processes, seize real-time visibility into heavy materials orders and deliveries, and share information to advertise certainty of outcomes. Command Alkon is headquartered in Birmingham, Alabama and has places of work in areas across the globe. For extra info, go to: commandalkon.com.

About Trimble

Trimble is reworking the way in which the world works by delivering services that join the bodily and digital worlds. Core applied sciences in positioning, modeling, connectivity and information analytics allow clients to enhance productiveness, high quality, security and sustainability. From goal constructed merchandise to enterprise lifecycle options, Trimble software program, {hardware} and providers are reworking industries equivalent to agriculture, development, geospatial and transportation. For extra details about Trimble (NASDAQ: TRMB), go to: www.trimble.com.

This press launch accommodates forward-looking statements concerning the enterprise operations and prospects of Trimble, together with the affect of the development logistics enterprise divestiture. These forward-looking statements are topic to vary, and precise outcomes could materially differ on account of sure dangers and uncertainties. Elements that would trigger or contribute to adjustments in such forward-looking statements embrace, however will not be restricted to well timed satisfaction of varied circumstances to closing the divestiture, and whether or not the divestiture is accomplished on the supposed timeline, or in any respect. Extra details about potential components which might have an effect on Trimble’s enterprise and monetary outcomes is about forth in studies filed with the SEC, together with Trimble’s quarterly studies on Type 10-Q and its annual report on Type 10-Ok. All ahead trying statements are primarily based on info out there to Trimble as of the date hereof, and Trimble assumes no obligation to replace such statements.

For Extra Data, Contact:

Karli Langner
Command Alkon
(205) 879-3282 x 3968
klangner@commandalkon.com 

Lea Ann McNabb
Trimble, Inc.
+1 408-481-7808
leaann_mcnabb@trimble.com 



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