Platform Science acquired Trimble global transportation telematics business units, a move that’s designed to further strengthen and accelerate Trimble’s Connect and Scale strategy.
“Together with Trimble, we are dedicated to transforming the global transportation industry. This transaction marks a milestone in how we deliver unprecedented choice to fleets of all sizes,” says Jack Kennedy, co-founder and CEO of Platform Science. “Innovation drives everything we do. We are empowering the collective minds of developers to easily attack the massive inefficiencies that have plagued transportation across a critical mass of vehicles globally.”
“As we move forward combining Trimble’s global telematics business units with Platform Science, our commitment to serving our customers has never been stronger,” says Rob Painter, president and CEO of Trimble. “This transaction creates opportunities for Trimble to further connect people, data, workflows and ecosystems across the global transportation lifecycle — from planning and procurement to execution and delivery.”
Key takeaways:
- As part of the transaction, Trimble becomes a shareholder in Platform Science’s expanded business and receives a seat on Platform Science’s board of directors.
- Trimble is joining C.R. England, Cummins, Daimler Truck, PACCAR, Prologis, RyderVentures and Schneider as a strategic investor in Platform Science.
- The collaboration accelerates the future of transportation technology through the global expansion of Virtual Vehicle, Platform Science's open, connected vehicle application platform developed in collaboration with OEMs.
