Fleet Management News & Business Info | Commercial Carrier Journal
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technology Trimble acquires TMW for $335M Company bought PeopleNet last year T rimble last month entered into a definitive agreement to acquire privately-held TMW Systems Inc., a provider of enterprise software to transportation and logistics companies, for $335 million. The announcement came one year after Trimble acquired PeopleNet, a provider of onboard com- puting and mobile communications. Following the acquisition, PeopleNet founder and chief executive officer Ron Konezny became general manager of Trimble's worldwide Transportation and Logistics Division. As with PeopleNet, TMW will continue to operate as an independent entity in Trimble's T&L division. "Being part of the same team will give mutual custom- ers tighter integration, more efficiency and more powerful data and analytics," Konezny said. TMW said discussions for the deal began in late spring and that it had a number of parties interested in buying the company from its private equity own- ership, but Trimble looked to be the best fit. TMW's enterprise software already integrates with Trimble's T&L solutions, which include PeopleNet's platform and GeoTrac, a platform used in the oil and gas distribution industry. With the acquisition of TMW, WE PROVED IT FOR CELADON Talking fuel savings is easy. In fact, Celadon got 2.1% fuel savings when testing Castrol Elixion full synthetic 5W-30 vs. a 15W-40. After a two-year, two-phase test in 50 trucks using cutting-edge cellular data collectors to remove driver variability, Celadon was convinced. Said VP Maintenance, Jeff Bryant,"Celadon is proud to be on the forefront of fuel economy technology for our industry and we truly believe Castrol is ahead of their competition today. " There's only one way to fi nd out how much fuel savings you can get with Castrol Elixion full synthetic 5W-30 (even up to 4% vs. conventional 15W-40). Put it to the test and let us make a believer out of you. See how much you could save at http://myfl eetsavings.com/CCJ or call 1-800-255-4417. ©2012 BP Lubricants USA Inc. Write 245 on Reader Service Card or visit ccjdigital.com/info 42 COMMERCIAL CARRIER JOURNAL | OCTOBER 2012 BPCO0018_CCJ_HALF_ISLAND_FNL.indd 1 Untitled-25 1 8/14/12 9:08 AM 8/15/12 9:29 AM Trimble's T&L division jointly will serve more than 3,000 fleets around the world. "TMW, PeopleNet and Trimble share a powerful cultural alignment," Konezny said. "We want to do what the customer can get the most value out of. TMW has shown that time and again – ultimately what they do is to improve customers' businesses." Trimble's global presence will provide a strong channel for extending TMW's reach and scope beyond North America, said David Wangler, TMW's president and chief executive officer. In the mean- time, Wangler said, the acquisition will not result in any changes for customers. "All offices remain open, and the man- agement team stays onboard," he said. "We hold ourselves to a high standard for growth, and we expect Trimble to do the same. We look forward to becoming a part of Trimble and providing our cus- tomers a comprehensive and integrated end-to-end solution for transportation management."