Platform Science to acquire Trimble's global transportation telematics business units [Yahoo! Finance]
PACCAR Inc. (PCAR)
Last paccar inc. earnings: 1/28 08:00 am
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Source: Yahoo! Finance
As part of the agreement announced Sunday, Trimble will become a shareholder in Platform Science's expanded business and hold a 32.5% stake. The transaction is expected to close in the first half of 2025. In a press release, the companies said the deal aims to improve driver experience, fleet safety, efficiency and compliance. Customers will gain access to a wider range of applications and offerings through a combination of the two companies' in-cab commercial vehicle ecosystems. “We believe combining our global transportation telematics portfolio with Platform Science's will further advance fleet mobility and provide our customers with a broader portfolio of solutions to solve industry problems,” said Rob Painter, president and CEO of Trimble, in a statement. “This partnership marks the inflection point for a true platform approach to transportation technology. Now, powered by OEM-native software services, we will deliver unprecedented choice,” said Jack Kennedy, co-founder an
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PCAR
News
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- PACCAR Mexico selects Directed Technologies to supply telematics and embedded fleet management solutions for DAF trucks [Yahoo! Finance]Yahoo! Finance
- Paccar (PCAR) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
PCAR
Earnings
- 7/23/24 - Miss
PCAR
Sec Filings
- 9/6/24 - Form 4
- 9/6/24 - Form 4
- 9/6/24 - Form 4
- PCAR's page on the SEC website