Trimble acquires Quantm for pre-design construction planning
April 24, 2006 By: GPS World Staff Survey & Construction EnewsletterSUNNYVALE, Calif., Apr. 6, 2006 – Trimble (NASDAQ: TRMB) today announced that it has acquired privately-held Quantm International, Inc. and its subsidiary Quantm Ltd. of Australia in an all-cash transaction. Quantm is a leader in transportation route optimization software used for planning highways, railways, pipelines and canals. The innovative software system enables infrastructure planners to examine and select route corridors and alignments that simultaneously optimize construction costs, environmental restrictions, existing feature avoidance and legislative obligations. The improved solution for the proposed route results in significant reductions in project planning time and cost. Financial terms of the transaction were not disclosed.
The speed of the Quantm system and its ability to deliver a range of alignments that meet defined constraints means that planners can now evaluate a large number of corridor and alignment options and model noise, travel time, vibration, user costs, fuel consumption or life-of-project costs. The system can also import or export data into CAD and Geographical Information Systems (GIS) packages when the project is ready to proceed to the design stage.
The Quantm system uses an advanced IT infrastructure, linked to the Internet, which enables project planners to take advantage of Quantm's unique technology from their desktop. The system is supported by a team that includes road and rail engineers, GIS technicians, transport researchers, mathematicians and system developers.
"Quantm is an industry leader for optimizing transportation route planning. The Quantm acquisition positions us to provide our customers with productivity enhancing products that cover more phases of a construction project than any other supplier, said Bryn Fosburgh, vice president responsible for Trimble’s Engineering and Construction segment. Quantm has successfully built a strong worldwide market position and has demonstrated profitable revenue growth."
Quantm will be reported within Trimbles Engineering and Construction business segment.
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