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Trimble Inc - TRMB STOCK NEWS

Welcome to our dedicated page for Trimble news (Ticker: TRMB), a resource for investors and traders seeking the latest updates and insights on Trimble stock.

Trimble Inc (TRMB) delivers innovative technology solutions that bridge physical operations with digital workflows across construction, agriculture, transportation, and geospatial industries. This dedicated news hub provides investors and professionals with centralized access to the company’s latest developments.

Track official press releases, earnings reports, and strategic announcements alongside analysis of Trimble’s advancements in positioning systems, cloud-based analytics, and sustainable infrastructure solutions. Our curated collection includes updates on:

• Quarterly financial results and investor communications
• Product launches across connected construction and precision agriculture
• Strategic partnerships enhancing digital transformation capabilities
• Sustainability initiatives driving operational efficiency

Bookmark this page for reliable updates on Trimble’s role in shaping industries through reality capture technology, telematics, and AI-enhanced workflow solutions. Visit regularly to stay informed about TRMB’s market-moving developments and long-term growth strategy.

News

Trimble and Mincon Offer Trimble Ready Drilling and Piling Solution for Solar Industry

Rhea-AI Summary
Trimble announces availability of Trimble Ready factory option for Mincon piling and drilling attachments, reducing installation cost and complexity for contractors.
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-1.72%
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Trimble Technology Lab for Architecture and Construction Opens at Virginia Tech

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Trimble and Virginia Tech have opened a state-of-the-art Trimble Technology Lab at the university's Blacksburg campus, providing students with cutting-edge tools and training in architecture and construction engineering.
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2.77%
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AGCO to Acquire Trimble Ag Assets and Technologies Through a Joint Venture Focused on Next-Generation Precision Ag Technology

Rhea-AI Summary
AGCO Corporation enters into a joint venture with Trimble, acquiring an 85% interest in Trimble's Ag assets and technologies for $2.0 billion. The transaction is expected to be accretive to AGCO's revenue growth, operating margin profile, and earnings per share. AGCO's combined Precision Ag revenue is projected to exceed $2.0 billion by 2028. AGCO's Grain & Protein business will undergo strategic review. The JV creates a global leading mixed-fleet Precision Ag platform and enhances AGCO's technology stack, accelerating growth ambitions. Commercial synergies and cost savings are expected to double the JV's EBITDA by year 5 post-closing. The purchase price implies a transaction multiple of approximately 13.8x based on 2023E EBITDA of approximately $170 million. Closing is expected in the first half of 2024, subject to regulatory approval and customary closing conditions.
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6.5%
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Trimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture Solutions

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Joint venture between Trimble and AGCO to create a global leader in mixed fleet smart farming and autonomy solutions, with Trimble expecting approximately $3 billion in value from the transaction. Trimble will receive $2 billion in pre-tax cash proceeds plus a 15% stake in the JV. The JV will offer seamless integration and connectivity across geographies, equipment brands, and the crop life cycle. Transaction simplifies Trimble's focus and increases its software, services, and recurring revenue. Trimble's precision agriculture business is expected to generate fiscal 2023 revenues of approximately $535 million and Adjusted EBITDA of approximately $185 million. Transaction expected to close in the first half of 2024.
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6.5%
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Trimble and Meta Bring SketchUp to Meta Quest VR Headsets

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Trimble launches SketchUp Viewer for Meta Quest, allowing professionals to view and present 3D SketchUp models in virtual reality. The VR experience improves communication and collaboration, enables clients to walkthrough and experience designs, and helps spot errors. The application is free for all users.
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Trimble and Kyivstar Partner to Provide GNSS Correction Services for Agriculture, Construction and Geospatial Applications in Ukraine

Rhea-AI Summary
Trimble (NASDAQ: TRMB) partners with Kyivstar to install a new CORS network in Ukraine, using Trimble's hardware and software positioning technology to provide high-accuracy real-time or post-processed GNSS corrections data for various industries. The network will be installed on Kyivstar's communication towers, with the first phase of installation to be completed by the end of 2023 and the second phase by 2024.
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-1.99%
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Trimble Leaders Highlight the Unique 'Journeys' of the Supply Chain During Opening Session of its 2023 Insight Tech Conference + Expo

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Trimble opens Insight Tech Conference + Expo, highlighting successes in the transportation industry and the importance of partnership and technology. Trimble's Transportation Cloud and connected workflows have been utilized by customers for better operations. Collaboration with industry professionals is emphasized. Keynote speaker Mark Gallagher previews Formula 1 Las Vegas Grand Prix.
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-1.99%
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Purdue University to Launch Trimble Technology Lab with Focus on Construction Management Technology

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Purdue University and Trimble are establishing a state-of-the-art Trimble Technology Lab at Purdue focused on teaching and research for construction management technology.
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Trimble Launches Cloud-Based Appian Daily Planner to Simplify Complex, Multi-Stop Routing

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Trimble introduces Appian Daily Planner, a cloud-based solution for route optimization that improves asset utilization and on-time deliveries.
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0.36%
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Trimble Releases 2022 Sustainability Report

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Trimble has published its 2022 Sustainability Report, showcasing its commitment to building resilience, empowering people, and leading with integrity. The report highlights Trimble's efforts in shaping a sustainable future for the planet and the communities it serves.
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Trimble Inc

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TRMB Stock Data

14.31B
244.76M
0.35%
96.65%
1.2%
Scientific & Technical Instruments
Measuring & Controlling Devices, Nec
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United States
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