Trimble (NASDAQ: TRMB) announced today the acquisition of AXIO-NET GmbH from Airbus Defence and Space. Based in Hannover, Germany, AXIO-NET is a prominent provider of Global Navigation Satellite System (GNSS) corrections and professional data services serving Germany, the United Kingdom and Benelux. Financial terms of the transaction were not disclosed.
AXIO-NET, founded in 2008, delivers both real-time and post-processed network Real Time Kinematic (RTK) solutions to a broad range of users including surveyors, GIS professionals and farmers. In addition to traditional correction services, AXIO-NET performs a variety of data-based professional services for the geospatial market, including coordinate transformation services as well as network set-up, configuration and operations consulting.
"Our philosophies are highly complementary and together, we will extend Trimble's position as a global leader of GNSS corrections," said Patricia Boothe, general manager of Trimble's Advanced Positioning Division. "We are committed to supporting AXIO-NET's brand-agnostic position, while we leverage their experience with professional services, not only in traditional markets such as geospatial and agriculture, but in emerging high-accuracy GNSS markets such as automotive."
Source : Trimble