Acquisitions: Trimble Buys Cenega, Expands Forestry Solutions
September 14, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Trimble (NASDAQ: TRMB) said that it has acquired privately-held Cengea Solutions Inc. Canada-based Cengea is a provider of spatially-enabled business operations and supply chain management software for the forestry, agriculture and natural resource industries.
According to Trimble, the acquisition is part of firm’s strategic initiative to bring productivity solutions to the forestry and other industries.
Financial terms were not disclosed.
Cengea's forestry enterprise software solution manages the operational activities associated with producing raw materials such as lumber, paper and other forest products. The operational data can be integrated with maps and other spatial data to provide a complete perspective on activities and costs. California-based Trimble offers technology used field and mobile workers in businesses and government. Its solutions are focused on applications requiring position or location—including surveying, construction, agriculture, fleet and asset management, public safety and mapping.
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