Trimble acquires AXIO-NET GmbH

Trimble recently announced the acquisition of AXIO-NET GmbH from Airbus Defence and Space. Based in Hannover, Germany, AXIO-NET is a prominent provider of Global Navigation Satellite System (GNSS) corrections and professional data services serving Germany, the United Kingdom and Benelux. Financial terms of the transaction were not disclosed.

AXIO-NET, founded in 2008, delivers both real-time and post-processed network Real Time Kinematic (RTK) solutions to a broad range of users including surveyors, GIS professionals and farmers. In addition to traditional correction services, AXIO-NET performs a variety of data-based professional services for the geospatial market, including coordinate transformation services as well as network set-up, configuration and operations consulting.

"Our philosophies are highly complementary and together, we will extend Trimble's position as a global leader of GNSS corrections," said Patricia Boothe, general manager of Trimble's Advanced Positioning Division. "We are committed to supporting AXIO-NET's brand-agnostic position, while we leverage their experience with professional services, not only in traditional markets such as geospatial and agriculture, but in emerging high-accuracy GNSS markets such as automotive."

About AXIO-NET GmbH

AXIO-NET provides reference networked services delivering highly accurate, satellite-based positioning and navigation information. The portfolio offers GNSS correction data for a number of different industry applications including: survey, construction, agriculture and automotive. AXIO-NET also supports the design, implementation and operation of local reference networks. www.axio-net.eu.