Wabtec to acquire the beena vision business of Trimble.

Wabtec, a supplier for freight and transit rail, agreed to acquire the beena vision business of Trimble, an industrial technology company. Financial terms were not disclosed. “Beena Vision’s systems, coupled with Wabtec’s TrackIQ portfolio, will create a comprehensive wayside inspection offering. TrackIQ's sensor-based systems and Beena Vision's technologies combine to produce an industry-leading suite of wayside inspection solutions. These solutions enable our customers to monitor the health of their rolling stock assets, which allows them to realize reductions in maintenance costs, safety incidents and to increase fleet availability for revenue generation,” Nalin Jain, Wabtec Digital Electronics business President.