Trimble acquires NZ’s technology company

Technology and navigation company Trimble has purchased Auckland technology company Actronic Holdings.

The purchase amount has not been revealed, reported.

Nasdaq-listed Trimble, which has its head office in California, has been operating in New Zealand since 1991 when it purchased Christchurch-based Datacom Software Research.

Trimble New Zealand now employs more 230 people in Canterbury.

Actronic Technologies’ industrial vehicle weighing mechanism, called Loadrite, will extend Trimble’s portfolio, Trimble said in a statement.

"The acquisition of Actronic Technologies empowers machine operators, foremen, supervisors and project managers to understand machine performance and progress across the entire site within the aggregate, construction, mining and waste industries," vice president and general manager of Trimble's Heavy Civil Construction Division Roz Buick said.

"LOADRITE weighing systems expand the richness of the Connected Site information we collect from machines and complements the productivity and reporting capabilities we already provide our customers."

Trimble develops and supplies information systems which combines operations across the construction site and the office for better planning and surveillance.

Loadrite load weighing technology and payload information systems are used on heavy vehicles for maximum loads. They also generate data for productivity analysis.

Actronic Technologies had been developing and manufacturing applied technology for better efficiency in heavy industries since 1979.

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