Thursday, May 10, 2012

Trimble Aquires Sketchup from Google

SUNNYVALE, Calif., April 26, 2012—Trimble (NASDAQ: TRMB) today announced that it has entered into a definitive agreement to acquire SketchUp®, one of the most popular 3D modeling tools in the world, from Google (NASDAQ: GOOG). The transaction is expected to close in the second quarter of 2012, subject to customary closing conditions and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. While financial terms are not being d the transaction is not expected to be material to 2012 earnings per share.
Via: Trimble Press release

1 comment:

  1. Congratulations to the acquisition. This is a good addition for Trimble.
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