Trimble, US has announced that it has entered into a definitive agreement to acquire privately held Apache Technologies, Inc. of Dayton, Ohio, in an all-cash transaction. Apache designs, manufactures, and distributes professional laser products for construction leveling and alignment applications. Apache will operate as a wholly owned subsidiary and will be reported within Trimble’s Engineering and Construction business segment.
Trimble expects the Apache acquisition to extend its laser product portfolio for handheld laser detectors and entry-level machine displays and control systems. Apache’s products set new standards for performance, accuracy, ruggedness, reliability, and repeatability in their respective markets and price ranges.