Trimble Acquires OmniStar

Trimble announced on March 16 that it has entered into a definitive agreement to acquire certain assets related to the OmniSTAR™ Global Navigation Satellite System (GNSS) signal corrections business from Fugro N.V.

The acquisition is expected to significantly expand Trimble’s worldwide ability to provide land-based correction services for agriculture construction mapping and Geographic Information System (GIS) and survey applications. Trimble and Fugro also entered into a multi-year service agreement which includes Fugro’s ongoing operation of its correction network and satellite service broadcast systems that power the OmniSTAR service.

Fugro’s offshore marine business is unaffected. Closing of the transaction anticipated in the first quarter is subject to certain closing conditions. Financial terms were not disclosed.