Trimble has agreed to purchase privately held Apache Technologies, which manufactures and distributes laser products for construction applications, through a cash transaction slated to close in April. Trimble says the acquisition will extend its laser product portfolio for handheld laser detectors and entry-level machine displays and control systems. Bob Conner, president of Apache Technologies, said the move will help Apache expand its distribution netowk while continuing to serve its existing OEM customers. Apache will operate as a wholly owned subsidiary within Trimble’s engineering and construction business segment.
Trimble to buy Apache Technologies
Apr 11, 2005