Trimble Sells its Energy Transmission Solutions to GeoSpatial Innovations, Inc.

SUNNYVALE, Calif., May 17, 2016 — (PRNewswire) — Trimble (NASDAQ: TRMB) announced today that it has sold its Trimble Energy Transmission Solutions (TETS) business to GeoSpatial Innovations, Inc. (GSI), a leading engineering software provider to electric and natural gas utilities in North America. TETS transmission and distribution software includes TL-Pro Design Studio for engineering overhead power line systems and Corridor Analyst for line routing. GSI intends to integrate the TETS solutions into its cloud-based and on-premises GSI AssetManager portfolio which improves productivity and safety for technical field workers engaged in electric and natural gas line design, asset inventory and inspection, storm damage assessment, and vegetation management. Financial terms of the sale were not disclosed.

"This transaction is an element of our continuing program to tighten our corporate focus," said Michael Lesyna, vice president, Strategy and Corporate Development for Trimble. "While Trimble remains actively engaged in the utility market, this divestiture enables the company to focus its resources in other aspects of the business."

"Trimble and GSI have partnered in the utility space since 2001 on significant solutions that impact how major utilities conduct field operations, so it made perfect sense for GSI to acquire and integrate the TETS business into our offerings," said Carl Livingood, president of GeoSpatial Innovations, Inc. "The TETS business is complementary to GSI's business, and as a result of this transaction, we will be able to enhance our solutions more quickly and economically."

About GeoSpatial Innovations, Inc.

GSI is a private, woman-owned software company headquartered in Washington, Pennsylvania with development offices in Austin, Texas and Liberty Lake, Washington. Since 1999, GSI has delivered engineering and mobile solutions to electric and natural gas utilities throughout North America. The GSI AssetManager suite improves productivity and safety for field workers engaged in gas and electric design and optimization, asset inventory and inspection, storm damage assessment, and vegetation management. With on-premises and cloud capabilities, GSI software allows utilities of all sizes—from major investor-owned utilities to rural cooperatives—to make significant improvements in their field workflow.

For more information, visit:   www.gsiworks.com.

About Trimble

Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming a broad range of industries such as agriculture, construction, geospatial and transportation and logistics. For more information about Trimble (NASDAQ: TRMB), visit:  www.trimble.com.

GTRMB

 

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/trimble-sells-its-energy-transmission-solutions-to-geospatial-innovations-inc-300269673.html

SOURCE Trimble

Contact:
Trimble
Lea Ann McNabb, Media
Phone: +1 408-481-7808
Email Contact
Web: http://www.trimble.com




Review Article Be the first to review this article
Trimble

Harris

Featured Video
Jobs
SYSTEMS INTEGRATOR for Palm Beach County Human Resources at West Palm Beach, FL
Developer-Support-Implementation Engineer for EDA Careers at San Francisco Area, CA
Solidworks Product Designer for NASCENT Technology at Charlotte, NC
CAD/CAM Regional Account Manager (Pacific Northwest) for Vero Software Inc. at Seattle, WA
Upcoming Events
Symposium: The use of drones in agriculture and management of resources and development plans at 112 RUE RADHIA HADDAD TUNIS TUNIS Tunisia - Apr 26 - 28, 2017
8th International Summer School on Applied Geoinformatics for Society and Environment: Crisis and Disaster Management at University of Tehran, Kish International Campus Kish Island Iran - Apr 29 - 4, 2017
UGIC CONFERENCE 2017 at Park City Utah - May 8 - 12, 2017
Teledyne Optech
University of Denver GIS Masters Degree Online
Teledyne:
xponential2017
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy