Trimble Acquires ThingMagic

Trimble, a provider of wireless solutions for field and mobile workers, has acquired the business of ThingMagic Inc., a developer of radio frequency identification (RFID) technology. The acquisition will expand Trimble’s technology portfolio and enable the company to provide additional productivity solutions in its served industries. Financial terms were not disclosed.

ThingMagic will continue to offer high-performance fixed and embedded RFID readers and services to customers in a wide range of industry verticals from construction to health care.

The operating results of the acquired business will be reported within Trimble’s Advanced Devices segment.

Trimble’s solutions are focused on applications requiring position or location—including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office.

ThingMagic's customers include retailers, consumer companies, automotive firms, manufacturers and industrial automation firms. ThingMagic products include fixed and integrated RFID readers and antennas, embedded and OEM RFID technology, and professional services to facilitate the integration of RFID into industrial and consumer products.

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