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Announced

Trimble to acquire Azteca Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

United States

Majority

gis centric solutions

Acquisition

IT Services: Other

Pending

Single Bidder

Synopsis

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Trimble, a California-based SaaS Technology Company has agreed to acquire Azteca Systems, a leading provider of enterprise asset management (EAM) software for utilities and local government. Financial terms were not disclosed. The Cityworks acquisition will expand Trimble's strategy by adding an EAM software platform to its existing utilities and local government capabilities, which include mobile, IoT and infrastructure lifecycle solutions. The combination will provide a comprehensive digital platform—with real-time asset intelligence, workflows and analytics—for transforming the way governments and utilities prioritize infrastructure maintenance and construction investments. In addition, the acquisition will enable Cityworks to leverage Trimble's global footprint in multiple industries. Together, Trimble and Cityworks will provide an expanded solutions portfolio to their partner network of Architecture, Engineering and Construction firms and software system integrators. "Cityworks is a pioneer in developing software to address the global challenges associated with managing aging, critical infrastructure," Steve Berglund,Trimble President and CEO.

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