Trimble Completes TDS Acquisition
Trimble, Sunnyvale, Calif., completed the acquisition of Tripod Data Systems (TDS), Corvallis, Ore. TDS will operate as a wholly-owned subsidiary and retain its offices in Corvallis, Oregon. The final purchase price was less than $15 million and paid in shares of Trimble’s common stock. Through Trimble, TDS plans to expand into new markets and strengthen its core markets with access to new resources, technologies and an enhanced distribution channel. For more information, visit http://www.tdsway.com.