M&A Deal Summary

Trimble Acquires Spectra Precision

On July 1, 2000, Trimble acquired electronics company Spectra Precision for 200M USD

Acquisition Highlights
  • This is Trimble’s 1st transaction in the Electronics sector.
  • This is Trimble’s 5th largest (disclosed) transaction.
  • This is Trimble’s 1st transaction in the United States.
  • This is Trimble’s 1st transaction in Colorado.

M&A Deal Summary
Date 2000-07-01
Target Spectra Precision
Sector Electronics
Buyer(s) Trimble
Deal Type Add-on Acquisition
Deal Value 200M USD

Target

Spectra Precision

Westminster, Colorado, United States
Spectra Precision, Inc., provides software and laser-based construction surveying and machine control solutions to the construction, surveying, civil engineering and agricultural markets.

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Buyer(S) 1

Buyer

Trimble

Westminster, Colorado, United States
Category Company
Founded 1978
Sector Information Technology
Employees12,700
Revenue 3.8B USD (2023)
DESCRIPTION
Entrance to Trimble Navigation's corporate headquarters in Sunnyvale, California.
Entrance to Trimble Navigation's corporate headquarters in Sunnyvale, California.

Trimble is a provider of location-based solutions. The Company integrates its positioning expertise in GPS, laser, optical and inertial technologies with application software, wireless communications, and services to provide an array of commercial solutions. Trimble's technology serves a variety of industries including agriculture, engineering and construction, transportation and wireless communications infrastructure. Trimble was founded in 1978 and is based in Westminster, Colorado.

DEAL STATS #
Overall 1 of 106
Sector (Electronics) 1 of 11
Type (Add-on Acquisition) 1 of 93
State (Colorado) 1 of 5
Country (United States) 1 of 58
Year (2000) 1 of 2
Size (of disclosed) 5 of 7
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-16 Tripod Data Systems

Westminster, Colorado, United States

Tripod Data Systems, Inc., is a developer of data collection and PC software for geomatics professionals. TDS is dedicated to bringing to market the most innovative, easy-to-use programs for field professionals who are involved with collecting and processing spatial data.

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