Trimble to acquire logistics software company Transporeon for €1.9bn

Trimble to acquire logistics software company Transporeon for €1.9bn

Trimble, an American industrial technology company, will acquire Transporeon, a cloud-based logistics software company, from Hg, a software and services investor and current majority shareholder in the business, for €1.88 billion in cash. The proposed acquisition of Transporeon is expected to increase Trimble’s sustainability offering and footprint in Europe as well as total addressable market […]