Trimble to Buy Trucking Software Firm TMW Systems for $335M
September 4, 2012 Alex Woodie
Trimble Navigation Limited, a publicly traded provider of positioning solutions used by government and industry, has signed a definitive agreement to acquire trucking software developer TMW Systems for $335 million. The deal will net Trimble several IBM i-based enterprise trucking software systems, and hundreds of IBM i customers. TMW had consolidated much of the market for dispatching and fleet management solutions since being acquired by two private equity firms, Wachovia Capital Partners and Peppertree Capital Management, back in September 2005. At that time, TMW was just one of the players in the trucking ERP business, and peddled two core |