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				PeopleNet acquired by Trimble
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					Posted: 
					
						Jul 20, 2011 02:12 PM
					
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					Last Updated: Mar 27, 2012 08:31 AM
				
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				<p>SUNNYVALE, Calif. &ndash; Wireless fleet management provider <a target="_blank" href="http://www.trimble.com/ "><span style="color: rgb(51, 51, 153); ">Trimble</span></a> has signed an agreement to acquire <a target="_blank" href="http://www.peoplenetonline.com/ "><span style="color: rgb(51, 51, 153); ">PeopleNet.</span></a></p>
<p>The acquisition is expected to close in the third quarter of 2011 and will be reported in Trimble's Mobile Solutions segment.</p>
<p>&quot;PeopleNet is a key step in Trimble's strategy for addressing the complex regulatory and operational demands of enterprise companies in the transportation and logistics (T&amp;L) market,&quot; said Steven W. Berglund, Trimble's president and chief executive officer.</p>
<p>&quot;PeopleNet's management and employees will be the core of our Americas T&amp;L business and we expect to provide seamless continuity to existing PeopleNet customers.&quot;</p>
<p>&quot;The PeopleNet management team is enthusiastic about joining Trimble,&quot; said Ron Konezny, founder and chief executive officer of PeopleNet.</p>
<p>&quot;The combination of PeopleNet's product portfolio with Trimble's broad technology base will allow us to create unique solutions that will enable our customers to manage their most important assets.&quot;</p>
			
				
				
			
				
				
			
			
			
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