Trimble (NASDAQ: TRMB) announced today that it has acquired privately-held ALK Technologies Inc. of Princeton, NJ, a global leader in routing, mapping, mileage and navigation technologies. ALK Technologies offers proprietary routing and international map-based solutions for transportation, logistics and mobile workforces. The addition of ALK® is expected to extend and complement Trimble’s Transportation and Logistics product portfolio, including TMW Systems’ transportation management solutions, PeopleNet’s integrated onboard computing and mobile communications systems and GEOTrac’s fleet management and worker safety solutions for the oil and gas industry. Financial terms were not disclosed.
“This is a significant milestone in ALK’s long history in transportation,” said Barry Glick, Executive Vice President and General Manager of ALK Technologies, who will continue to lead the organization. “We are excited to join our well-known and respected partner TMW Systems under the global umbrella of Trimble. These organizations share our passion and vision for how location information can transform business and productivity.”
Read the full press release here.