SUNNYVALE, Calif., Sept. 2, 2015 /PRNewswire/ -- Trimble
(NASDAQ:TRMB) announced today that it has acquired privately held
Spatial Dimension headquartered in Vancouver, Canada, with subsidiaries in
South Africa, Brazil and Australia. Spatial Dimension's FlexiCadastre
software is an enterprise scale land management solution adopted by
leading mining companies and governments worldwide. The addition of
FlexiCadastre broadens Trimble's land administration portfolio and
ability to serve customers in both the public and private sectors
across the mining, oil and gas, and forestry industries. Financial
terms were not disclosed.
Launched by Spatial Dimension in 2003, FlexiCadastre is used by
private and public organizations to manage their land-related
business processes, obligations and compliance in over 100
jurisdictions globally. FlexiCadastre uses a workflow-centric and
spatially-enabled approach to provide a scalable, enterprise ready
and integrated solution to drive the efficient administration of
mineral rights and contracts across multiple global jurisdictions.
Through consultation, implementation and support, Spatial
Dimension's FlexiCadastre solution has been successfully deployed
across hundreds of land management projects for clients such as the
World Bank, United States Agency for International Development
(USAID), United Kingdom Department for International Development
(DFID), Australian Department of Foreign Affairs and Trade (DFAT),
government agencies and private sector companies around the world,
including most of the world's largest mining companies.
"Spatial Dimension's strong position and proven expertise
implementing land management solutions further expands Trimble's
reach into the land administration market," said Matt Delano, business area director for
Trimble's Land Administration solutions. "The acquisition of
Spatial Dimension strengthens Trimble's portfolio for governments
while expanding our customer base through land management solutions
for industry and commercial-based applications."
"We are very excited to join Trimble. We share Trimble's vision
of leveraging emerging geospatial technologies to solve our
customer's challenges across a number of industries," said
Bill Feast, chief executive officer
of Spatial Dimension. "In addition to the continued focus on
customer support and our core market, the acquisition will enable
us to expand FlexiCadastre's global reach to address adjacent
markets. This is truly an exciting time for Spatial Dimension and
our customers, who can also benefit from Trimble's comprehensive
portfolio of hardware and software solutions."
For more information about Spatial Dimension, visit:
http://www.spatialdimension.com.
About Trimble
Trimble applies technology to make field and mobile workers in
businesses and government significantly more productive. Solutions
are focused on applications requiring position or
location—including surveying, construction, agriculture, fleet and
asset management, public safety and mapping. In addition to
utilizing positioning technologies, such as GPS, lasers and optics,
Trimble solutions may include software content specific to the
needs of the user. Wireless technologies are utilized to deliver
the solution to the user and to ensure a tight coupling of the
field and the back office. Founded in 1978, Trimble is
headquartered in Sunnyvale,
Calif.
For more information, visit: www.trimble.com.
Certain statements made in this press release are forward
looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934, and are made pursuant to the safe harbor provisions of
the Securities Litigation Reform Act of 1995. These statements
involve risks and uncertainties, and actual events and results may
differ materially from those described in this news release.
Factors that could cause or contribute to such differences
include, but are not limited to, Trimble's ability to successfully
extend and improve its land administration solutions through the
acquisition of Spatial Dimension's FlexiCadastre. Additional risks
and uncertainties include: the risks inherent in integrating an
acquisition; unanticipated expenditures, charges or assumed
liabilities that may result from the acquisition; and retaining key
personnel and commercial relationships. Information about potential
factors which could affect Trimble's business and financial results
is set forth in reports filed with the SEC, including Trimble's
quarterly reports on Form 10-Q and its annual report on Form 10-K.
All forward looking statements are based on information available
to Trimble as of the date hereof, and Trimble assumes no obligation
to update such statements.
GTRMB
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SOURCE Trimble