SUNNYVALE, Calif., Oct. 3, 2016 /PRNewswire/ -- Trimble (NASDAQ:
TRMB) announced today that is has formally changed its company name
from Trimble Navigation Limited to Trimble Inc. In addition, the
company has completed its reincorporation from the State of California to the State of Delaware.
"Trimble's name change reflects the evolution from our origins
as a GPS products company to a leading provider of integrated
information technology solutions," said Steven W. Berglund, president and CEO of
Trimble. "Our new name better represents the diversity of both our
technologies and markets."
Trimble's name change and change in legal domicile became
effective October 1, 2016.
The reincorporation was previously approved by shareholders at
Trimble's 2016 Annual Meeting. Stock certificates previously issued
for shares in Trimble Navigation Limited, the California corporation, automatically
represent shares in Trimble Inc., the Delaware corporation, and stockholders are not
required to exchange stock certificates as a result of the
reincorporation.
Trimble Inc. will continue to operate without change. The
reincorporation will have no material impact on Trimble management,
employees or customers. The corporate headquarters will remain in
California.
About Trimble
Trimble is transforming the way the world works by delivering
products and services that connect the physical and digital worlds.
Core technologies in positioning, modeling, connectivity and data
analytics enable customers to improve productivity, quality, safety
and sustainability. From purpose built products to enterprise
lifecycle solutions, Trimble software, hardware and services are
transforming a broad range of industries such as agriculture,
construction, geospatial, and transportation and logistics. For
more information about Trimble (NASDAQ:TRMB), visit:
www.trimble.com.
FTRMB
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SOURCE Trimble