Platform Science to acquire Trimble’s global transportation telematics business units

Capt. John

Trimble (NASDAQ: TRMB) and Platform Science have announced an agreement for Platform Science to acquire Trimble’s global transportation telematics business units.

As part of the agreement announced Sunday, Trimble will become a shareholder in Platform Science’s expanded business and hold a 32.5% stake. The transaction is expected to close in the first half of 2025.

In a press release, the companies said the deal aims to improve driver experience, fleet safety, efficiency and compliance. Customers...

https://www.freightwaves.com/news/platform-science-to-acquire-trimbles-global-transportation-telematics-business-units

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