Trimble buys @Road for MRM Play (12/10)
Sunday, December 10, 2006 | Comments
Trimble entered into a definitive agreement to acquire @Road for about $496 million. @Road shareholders will receive $5 per share in cash, and the remaining $2.50 per share in consideration will be a mixture of cash and/or Trimble stock to be determined at Trimble's discretion. After subtracting @Road's net cash position of about $79 million, the transaction enterprise value is $417 million. The transaction will be accounted for as a purchase. Trimble said the acquisition expands its Mobile Solutions (TMS) segment and positions Trimble as a market leader in providing mobile resource management (MRM) solutions.

Post a comment
Name: *
Email: *
Title: *
Comment: *


No Comments Submitted Yet

Be the first by using the form above to submit a comment!


November 2022

8 - 10
Communications Marketing Conference (CMC)
Albuquerque, New Mexico

March 2023

27 - 30
International Wireless Communications Expo (IWCE) 2023
Las Vegas

More Events >

Site Navigation