Skip to content

PeopleNet to Be Acquired by Trimble



Click Here!


 Updated:
7/21/2011 2:00:00 PM

PeopleNet Communications, which makes integrated onboard computing and mobile communications systems for the trucking industry, will be acquired by technology firm Trimble Navigation.

Terms were not disclosed for the transcation, which is expected to close in the third quarter, Trimble said in a statement.

“The PeopleNet management team is enthusiastic about joining Trimble,� said Ron Konezny, PeopleNet’s founder and CEO.

“The combination of PeopleNet’s product portfolio with Trimble’s broad technology base will allow us to create unique solutions that will enable our customers to manage their most important assets,â€� he said in a statement.

Sunnyvale, Calif.-based Trimble was founded in 1978. It said in a statement it “applies technology to make field and mobile workers in businesses and government significantly more productive.�



Click Here!




© 2010, Transport Topics Publishing Group. All rights reserved.

RELATED ARTICLES

New CEO Says Cummins Can Compete Despite Vertical Integration of Trucks (7/25/2011 3:00:00 AM)
Trimble Agrees to Purchase PeopleNet Communications (7/25/2011 2:15:00 AM)
N.Y.C. Launches Traffic Program to Limit Jams (7/22/2011 9:00:00 AM)
N.Y.C. Launches Traffic Program to Limit Jams (7/22/2011 9:00:00 AM)
PeopleNet to Be Acquired by Trimble (7/21/2011 2:00:00 PM)
ATA Supports MADD’s Campaign to Eliminate Drunk Driving (7/19/2011 8:15:00 AM)
 
LATEST NEWS

Click Here!

JOIN OUR NEWSLETTER
We'll deliver tax strategies to your inbox from our CPA firm.
We hate spam. Your email address will not be sold or shared with anyone else.