NM Group Acquired by Trimble to Bolster Visualization and 3D Asset Management Capabilities in its Energy Portfolio
Network Mapping Group Limited (“NM Group”) announced today that is has been acquired by Trimble. The purchase will deliver synergies for both companies and provide Trimble access to NM Group’s 3D Asset Management solutions as well as their long experience in delivering electric network and powerline engineering and data modeling services.
Trimble delivers solutions and services that leverage core technologies in positioning, modeling, connectivity and data analytics for a variety of markets such as agriculture, construction, geospatial, transportation and utilities. Trimble’s energy solutions portfolio includes data collection technology and enterprise solutions for asset management and operations. This acquisition will bring a unique set of capabilities to market, supporting system operators with asset management process, network reliability and regulatory compliance.
NM Group is a market leading provider of data modeling, engineering and 3D asset management solutions for electricity networks. NM Group combines multiple remote sensing techniques with unique data analysis capabilities, including provision of 3D models, engineering assessments and vegetation risk analysis. A key component in providing value to customers is their Caydence® 3D visualization solution, which distributes precise, easy-to-use network information throughout the organization.
Regarding the acquisition, NM Group Chairman David Langworth commented: “NM Group has led the way in 3D asset management systems for the power industry, so I am delighted Trimble has seen this inherent opportunity. Moving forward, our commitment to our customers remains unchanged and we will continue to deliver best-in-class solutions and services to the market.”
About Trimble’s Energy Division
Trimble’s Energy Division provides enterprise solutions that enable hundreds of electric and natural gas utilities worldwide to optimize distribution networks with strategic and operative asset management solutions for planning and construction to operations and maintenance. Trimble’s modular and interoperable energy solutions include advanced capabilities for network modeling and management, investment and construction planning, outage management, maintenance management as well as mobile applications for field data collection and as-built documentation. Electric and natural gas utilities use Trimble’s energy solutions to improve system reliability, enhance system integrity, lower operational costs, better meet regulatory requirements, increase safety, reduce risk and achieve planning and operational excellence. For more information, visit: http://energy.trimble.com.
About Trimble
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming a broad range of industries such as agriculture, construction, geospatial and transportation and logistics. For more information about Trimble (NASDAQ: TRMB), visit: www.trimble.com.