US: Trimble has announced that it has acquired privately held Load Systems International Inc. (LSI), a market leader in manufacturing wireless and hardwired crane safety instrumentation, headquartered in Quebec, Canada. The acquisition enhances company's broad portfolio of technologies that improve the safety, quality, safety, efficiency and transparency of construction and maintenance projects across various industries. Financial terms were not disclosed.
LSI's technologies enhance crane safety and accuracy by providing operators and construction teams with detailed knowledge to optimize usage conditions and processes.
Bryn Fosburgh, Vice President responsible for Trimble's Construction Technology Divisions, said, "The combination of LSI's solutions with Trimble's geospatial, location, analytics, modeling and visualization tools provides opportunities to integrate crane safety more closely into construction project planning and execution."
David Smith, President and CEO of LSI remarked, " Our focus has always been to deliver solutions that raise the technology bar and enhance site safety, while making it easier for customers to optimize the use and management of their cranes. We look forward to continuing that work at Trimble, while developing still more innovative products by leveraging Trimble's advanced technologies and global reach."