Trimble to buy logistics software maker

TMS

Monday, August 27, 2012

Trimble Navigation has agreed to buy the privately-held logistics software provider TMW Systems for $335 million in cash. TMW develops enterprise software for transportation and logistics companies that use its platform as a control tower to manage core operations, store data, run analytics, and automate business processes. The company, based in Beachwood, Ohio, has 500 employees and reported revenue of about $96 million for the past 12 months. The deal is e...

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