Trimble to acqiore TopoSys GmbH

26 September 2008, 5:56pm

SUNNYVALE, Calif., Sep. 26, 2008 — Trimble (NASDAQ: TRMB) today announced that it has entered into a definitive agreement to acquire TopoSys GmbH of Biberach an der Riss, Germany in an all-cash transaction. TopoSys is a leading provider of aerial data collection systems comprised of LiDAR and metric cameras. Closing of the transaction, anticipated to occur in the fourth quarter, is subject to certain closing conditions. Financial terms were not disclosed.

TopoSys aerial data collection systems are used by service companies collecting geospatial data by LiDAR and photogrammetry as well as state authorities and municipalities involved in supplying geospatial information. Typical applications include mapping for coastline protection, floodplain control, city modeling, opencast pit mining, and corridor mapping.

Over the last two years, TopoSys has evolved from an aerial services business to an aerial data collection systems developer and integrator. The acquisition of TopoSys extends Trimble's portfolio of engineering scale mapping and asset management solutions. TopoSys will also provide a European footprint to support Trimble's aerial mapping customers, who face short flight seasons, with regional support.

"TopoSys complements the aerial imaging solutions offered by our subsidiaries Applanix and INPHO. As an integrator of the Applanix POSTrack direct georeferencing and flight management system and RolleiMetric aerial industrial camera, TopoSys has developed high productivity aerial data collection systems for engineering scale mapping and asset management," said Ken Spratlin, director for strategy and business development for Trimble. "As part of the Trimble Connected Site solutions, these systems will provide high accuracy as-builts, enabling advanced process and workflow integration from the design phase through construction to the subsequent maintenance phase—delivering significant improvements in productivity."

"With Trimble's focus on the geospatial solutions business, joining the company accelerates TopoSys' evolution to an aerial data collection systems developer and integrator," said Svein Vatslid, managing director of TopoSys. "We are pleased to become a part of Trimble."

Svein Vatslid and the staff of TopoSys will join Trimble and will be reported as part of the Engineering and Construction segment.

Geo: International