Trimble completes Transporeon acquisition

assets/files/images/06_03_23/bigstock-quantum-computer-technologies-467037921.jpg

Trimble has completed its previously announced acquisition of Transporeon.

As a leading cloud-based transportation management platform, Transporeon provides modular applications that power a global network for more than 150,000 carriers and 1,400 shippers and retailers with an integrated suite of best-in-class sourcing, planning, execution, monitoring and settlement tools.


Trimble funded the transaction using a combination of financings it has previously announced including senior notes, a term loan, existing credit facilities and cash on hand.
  
Transporeon will be reported as part of Trimble's Transportation Segment.

Add a Comment

No messages on this article yet

Editorial: +44 (0)1892 536363
Publisher: +44 (0)208 440 0372
Subscribe FREE to the weekly E-newsletter