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Sunnyvale, Calif.-based Trimble Navigation (Nasdaq:TRMB) said today it has acquired the assets of the private, Hamilton, Ind.-based CTN Data Service, which created the Farm Works software. The software offers office and mobile efficiencies for farmers and agriculture service professionals, while helping them reduce their carbon footprint.
Trimble’s Erik Arvesen, vice president of Trimble’s agriculture division, told the Cleantech Group the acquisition is expected to accelerate its information management capabilities, while offering its ag customers new farming operation abilities such as reducing energy and even fertilizer use. The company doesn’t have much like Farm Works in its existing portfolio, he said. He added that this marks the company’s fourth acquisition in the last nine months, all related to precision agriculture and environmental efficiencies.
Trimble, which had $1.3 billion in revenue for fiscal year 2008, supplies advanced positioning products such as surveying, mapping and mobile resource management. These products help commercial and government users increase productivity, while reducing the use of extra or unnecessary materials and putting constraints on natural resources. Financial terms were not disclosed.
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