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Trimble Acquires KOREC Software Assets to Expand its Mapping and GIS Solutions

The acquisition will allow Trimble to expand its Mapping and Geographic Information System solutions to provide optimized software and professional services in Europe, Africa and the Middle East.

SUNNYVALE, Calif. - Trimble (NASDAQ: TRMB) announced it has acquired the FastMap and GeoSite software assets from KOREC, a privately-held Trimble distributor serving the United Kingdom and Ireland. The acquisition, which includes software development, professional services and business development teams, will allow Trimble to expand its Mapping and Geographic Information System (GIS) solutions to provide optimized software and professional services in Europe, Africa and the Middle East. Financial terms were not disclosed.

FastMap is an integrated field-based software suite for GIS data collection, maintenance, and use that supports all Ordnance Survey digital data sources as well as data from any GIS system that conforms to OpenGIS standards. The suite includes modules for mobile data capture and data maintenance, workforce management, asset management, and map production. The GeoSite product provides a complete solution for land surveyors and construction professionals for managing a full range of field to office functions such as processing data, editing CAD files, conducting volume analysis, and plotting production operations, all in a single software package. The acquired professional services group delivers customized solutions for various industries throughout the United Kingdom and Ireland including utilities, government, transportation and environmental management.

“The FastMap and GeoSite software will enable Trimble to provide a complete and compelling solution to our enterprise customers in the United Kingdom and Ireland,” said Peter Large, general manager of Trimble's Mapping and GIS Division. “In addition, the software and professional services team will enable us to provide custom solutions to key enterprise customers in the utilities, transportation and government sectors in Europe, Africa and the Middle East.”

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