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Trimble to buy privately held software maker for $355 mln
August 27, 2012 / 10:40 AM / 5 years ago

Trimble to buy privately held software maker for $355 mln

Aug 27 (Reuters) - Trimble Navigation Ltd agreed to buy privately held TMW Systems Inc, which provides enterprise software to transportation and logistics companies, for $335 million in cash.

Trimble, which makes surveying, mapping, and marine navigation equipment, said the deal will hurt its fourth-quarter adjusted profit by between 1 cent and 3 cents per share, but add to 2013 adjusted earnings by between 12 cents and 14 cents per share.

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