Trimble Acquires Dynamic Survey Solutions to Expand its Seismic Survey Capabilities finance.yahoo.com
Dynamic Survey Solutions' GPSeismic® suite of software applications are designed specifically for the seismic survey industry to process and manage data. The applications run on the Windows XP, Vista, and 7 operating systems (both 32 and 64 bit). GPSeismic supports more than 50 types of survey instruments ranging from GPS to inertial and conventional survey systems and offers a comprehensive set of tools for the land seismic surveyor. The software suite is used worldwide by geophysical contractors, seismic survey companies, oil companies and survey audit companies.
Trimble Acquires MyTopo to Provide Unique Outdoor Content on GPS Phones for Hunters, Hikers, Campers and Anglers finance.yahoo.com
MyTopo offers several products to outdoor consumers using its topographic, satellite and aerial photograph map imagery. Products include print-on-demand custom waterproof maps, Internet-based map layers, digital map tiles for mobile devices and Terrain Navigator, a suite of mapping software products.
"Many adventures begin with a map. The acquisition of MyTopo allows us to provide our customers with unique solutions for virtually every step of their adventures. From pre-planning trips at home to creating custom print maps to taking mobile maps into remote areas on their iPhone or Android phone," said Rich Rudow, general manager for Trimble Outdoors. "MyTopo brings top-notch maps with unparalleled quality and rich features to our customers and partners such as Cabela's and Backpacker magazine. We are excited to offer these unique services."
The Ziegler Group Selects Trimble CarCube Solution to Equip its European Heavy Goods Fleet finance.yahoo.com
CarCube is a comprehensive fleet management solution that offers a suite of features designed to improve efficiency and communication between fleet operators and their drivers. Features include driver identification; navigation capabilities; task planning and status reporting; trailer identification and verification; journey time assistance to comply with European Union regulations for drivers; integrated Convention on the Contract for the International Carriage of Goods by Road (CMRs) transportation documentation scanning; Fleet Management System (FMS) data capabilities such as fuel consumption, speed, engine revs, braking, cruise control, engine temperature and many others; and two-way driver data communications via an easy-to-use touch screen computer installed in the cab.
Trimble Navigation (TRMB) was upgraded today by analysts at Piper Jaffray to an "overweight" rating. The analysts now have a $50.00 price target on the stock.
Trimble is poised to see strong growth in its highest margin segment well into 2012, “which should serve as a catalyst to most estimates and valuations higher.” He adds that within the company’s engineering and construction segment “the company’s efforts to build out dedicated dealerships and expand into new market verticals is setting the stage for sustained double digit organic growth in spite of the global macro backdrop.”
"The third quarter results confirmed that Trimble can continue to grow under the current economic conditions. In the quarter we saw year-over-year growth in all four segments for the first time since 2008," said Steven W. Berglund, Trimble's president and chief executive officer. "The Mobile Solutions segment returned to profitability and we expect to see continued improvements each quarter. The Engineering and Construction and Field Solutions segments both continue to show growth across most product lines and geographies. While the economy remains uncertain, we are encouraged by the progress we are making in integrating our acquisitions, expanding geographies and extending our reach into new adjacencies," concluded Berglund.