Trimble (company)

Trimble Inc.
Public
Traded as NASDAQ: TRMB
S&P 400 Component
Industry Geospatial, Construction, Agriculture, Transportation and Logistics, Telecommunications, Asset tracking, Mapping, Utilities, Mobile Resource Management, Government, RFID
Founded November 1978 (1978-11)
Founder Charles Trimble, et al.
Headquarters Sunnyvale, California, United States
Key people
 Steven Berglund (CEO)
Revenue $2.4 billion[1] (2016)
$132.4 million[1] (2016)
Number of employees
 8,388 (2016)[2]
Website www.trimble.com

Trimble Inc., headquartered in Sunnyvale, California, makes Global Positioning System (GPS) receivers, laser rangefinders, unmanned aerial vehicles (UAVs), inertial navigation systems and a variety of software processing tools. By the end of 2016, the company had 8388 employees, with more than half of employees in locations outside the United States.[2] Since 1999, Trimble's revenues have grown from approximately $270 million to over $2.0 billion in 2012.[3]

Trimble sells products and services into the following industries: land survey, construction, agriculture, transportation, telecommunications, asset tracking, mapping, utilities, mobile resource management, and government.

History

Trimble Navigation was founded in November 1978[4] by Charles Trimble and two partners from Hewlett Packard, initially operating from Los Altos, California.

The company's acquisitions include Datacom Software Research, Spectra Precision Group, Tripod Data Systems, Advanced Public Safety, Inc., ALK Technologies, Apache Technologies, Acutest Engineering Solutions Ltd, Applanix, Géo-3D, INPHO, Gatewing, Gehry Technologies, Meridian Systems, NTech Industries, Pacific Crest, Quantm, Accubid Systems, SketchUp, QuickPen International, SECO Mfg. Co., Inc., Visual Statement, XYZ Solutions, Inc, Tekla, ThingMagic,[5] Spime Inc., Punch Telematix NV,[6] TMW Systems [7] and TopoSys Gmbh.[8]

Their role in building information modeling (BIM), architecture and construction has been growing. Most publicised was their 2012 acquisition of the 3D modeling software package SketchUp from Google.[9] As of 2014 they also own Tekla (BIM modelling), Vico Office (BIM data handling) and Gehry Technologies' GTeam (project coordination).[10] In 2016, Trimble acquired Sefaira (sustainability analysis software including energy modeling and daylight visualization).

Recognition

In 2009, Trimble was recognized on Forbes’ list of the top 400 best big companies. This was the first time Trimble made the list.[11] In prior years, the company was also featured on Forbes’ 100 Best Mid-Caps in America (2005, 2006, and 2008) and Forbes’ 200 Best Small Companies (2005) lists.[12]

Name change

The company changed its name from Trimble Navigation Limited to Trimble Inc.; the name change and change in legal domicile became effective October 1, 2016. Trimble Inc. continued to operate without change or material impacts to stakeholders. The corporate headquarters remained in California.[13]

References

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