Tech Titans Collide: Platform Science Absorbs Trimble's Transportation Tech Empire
In a strategic move that reshapes the transportation technology landscape, Platform Science has successfully completed its acquisition of Trimble's global transportation telematics business units. The landmark deal, initially unveiled during the Trimble Insight Tech Conference in Las Vegas last September, marks a significant milestone for both companies.
The transaction, which was first announced in September 2024, brings together two industry leaders in transportation technology. Trimble (Nasdaq: TRMB) and Platform Science have finalized the agreement, signaling a new chapter of innovation and collaboration in the telematics sector.
Headquartered in Westminster, Colorado, and San Diego, the companies have seamlessly executed this transformative business transaction, promising exciting developments for the transportation and logistics technology market.