SUNNYVALE, Calif., Nov. 11, 2015 /PRNewswire/ -- Trimble (NASDAQ:
TRMB) announced today it has acquired privately held Telog
Instruments, Inc. based in Victor, New
York. Telog is a leader in wireless water infrastructure
monitoring and management solutions. The acquisition extends
Trimble's smart water strategy by adding advanced water management
technology and productivity solutions to the portfolio. Financial
terms were not disclosed.
Telog, founded in 1984, manufactures a suite of wireless remote
monitoring, analytics and data acquisition systems that are used by
thousands of water, wastewater and stormwater management utilities
and private contractors throughout North
America. Its Telogers family of battery powered,
environmentally rugged wireless monitors provide an automated means
of collecting, archiving, presenting and sharing data from a wide
variety of remote assets such as flowmeters, rain gauges, surcharge
sensors, pre-treatment water quality sensors, lift stations and
pressure sensors.
Applications for Telog solutions include remote monitoring of
flow rates, reservoir and tank levels, water quality, well and
groundwater levels, pump station performance, hydrant and valve
pressure and sewer overflows. The solutions can also be combined
with automated metering infrastructure to provide smart water
networks that improve sustainability and water conservation and
reduce leakage and non-revenue water. Customers can benefit through
improved drinking water quality, lower water loss and leakage,
reduced wastewater and stormwater overflows and spills, and
enhanced regulatory compliance.
"Trimble remains focused on offering industry leading technology
solutions for the water industry," said Marcus McCarthy, general manager for Trimble's
Water Division. "The acquisition of Telog enables us to expand our
portfolio of hardware and software products with industry leading
real-time wireless sensors and monitoring solutions. The management
of data in real time will provide value to customers facing a
growing number of water supply, environmental and regulatory
challenges."
"We are very excited to join Trimble. In addition to the
continued focus on supporting our current customers and our core
North American market, the acquisition will enable us to grow
Telog's suite of products and expand our global footprint," said
Barry Ceci, founder, president and
CEO of Telog. "This is an exciting time for Telog and our
customers, who can also benefit from Trimble's comprehensive
portfolio of smart water management solutions."
About Telog
Telog Instruments, Inc. was founded in 1984 and is an industry
leader in wireless water infrastructure monitoring and management
sensors and software solutions.
Telog solutions are derived from the combination of telemetry,
data logging and information management technologies. The company
offers comprehensive water distribution infrastructure monitoring
systems and remote monitoring for wastewater collection system
operators. Telog's solutions provide an automated means of
collecting, archiving, presenting and sharing data from remote
assets such as flowmeters, rain gauges, CSO/SSO surcharge sensors,
pre-treatment water quality sensors, lift stations and pressure
sensors.
For more information, visit: www.telog.com.
About Trimble's Water Division
Trimble's Water Division specializes in field and office
solutions for GIS mapping and work management, field data
collection, design and inspection, and network management for
water, wastewater and stormwater utilities, manufacturers and
service providers around the world. Trimble's solutions integrate
advanced positioning, sensors and mapping technologies with
software and hardware to automate utility mapping, design,
construction and field operations, enabling increased productivity,
enhanced regulatory compliance and improved customer service and
response.
For more information about Trimble's Water solutions,
visit: www.TrimbleWater.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 positioning 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 in the field and to ensure communication
between the field and the 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: realizing the anticipated
benefits of the acquisition of Telog; Trimble's ability to
successfully integrate the Telog business and expand its portfolio
of advanced water management and productivity solutions through the
acquisition; the development and adoption of new product suites;
and the global adoption of, and growth in demand for, smart water
management solutions. 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