Trimble to Acquire Kuebix to Transform and Connect the Transportation Logistics Ecosystem
Trimble Inc. (TRMB)
Last trimble inc. earnings: 2/12 04:05 pm
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Source: PR Newswire
SUNNYVALE, Calif., Jan. 9, 2020 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today it has signed a definitive agreement to acquire privately-held Kuebix, a leading transportation management system (TMS) provider and creator of North America's largest connected shipping community. This acquisition will enable Trimble to bring together its network of private fleet and commercial carrier customers, which collectively represent more than 1.3 million commercial trucks in North America, with Kuebix's extensive community of more than 21,000 shipping companies, creating a powerful new platform for planning, execution and freight demand-capacity matching.The transaction is expected to close in the first quarter of 2020, subject to customary closing conditions. Financial terms were not disclosed.This acquisition will augment Trimble's comprehensive transportation technology portfolio and position Trimble to further its strategy to lead the industry's transformation. "Combining Kuebix's inno
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TRMB
News
- Trimble Inc. (NASDAQ: TRMB) was upgraded by analysts at Wolfe Research from a "peer perform" rating to an "outperform" rating. They now have a $90.00 price target on the stock.MarketBeat
- Trimble and GroundProbe Collaborate to Offer Complete Monitoring Portfolio for Geotechnical and Geospatial Mining ProfessionalsPR Newswire
- Trimble Unveils 2025 Carrier and Shipper Findings in Transportation Pulse ReportPR Newswire
- Trimble Inc. (NASDAQ: TRMB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Trimble Inc. (NASDAQ: TRMB) had its price target raised by analysts at Sanford C. Bernstein from $82.00 to $85.00. They now have an "outperform" rating on the stock.MarketBeat
TRMB
Earnings
- 11/6/24 - Beat
TRMB
Sec Filings
- 12/18/24 - Form 4
- 12/11/24 - Form 8-K
- 12/10/24 - Form 8-K
- TRMB's page on the SEC website