Trimble announced that it has entered into a definitive agreement to acquire privately held Applanix Corporation of Ontario, Canada in a stock transaction valued at CA$25 million (approximately US$18.6 million). Applanix is a developer of systems that integrate Inertial Navigation System (INS) and GPS technologies. Closing of the transaction, anticipated in the next three weeks, is subject to usual and customary closing conditions. Trimble expects the Applanix acquisition to extend its technology portfolio and enable increased robustness and capabilities in its future positioning products. An early focus will be in the survey and construction product lines where GPS, augmented with INS technology, offers the potential of improved satellite tracking and faster reacquisition times for precision Real-time Kinematic (RTK) positioning. This is particularly important in cases where GPS satellite signals are obstructed in difficult environments such as high-rise urban or heavily forested areas.
Applanix has three core business areas. The company develops land-based products for survey and vehicle positioning; marine products for survey and construction; and airborne products that enable trajectory measurements of airborne sensor data for photogrammetry and laser scanning. Applanix’s Position and Orientation Systems (POS™) were developed specifically for robust positioning in challenging and dynamic environments. POS integrates precision GPS with advanced inertial technology to provide uninterrupted measurements of the position, roll, pitch and true heading.