Platform Science recently completed the acquisition of Trimble’s global transportation telematics business units in a deal first announced during the 2024 Trimble Insight Tech Conference.
As part of the transaction, Trimble becomes a shareholder in Platform Science’s expanded business and receives a seat on Platform Science’s board of directors, the companies reported. Trimble is joining C.R. England, Cummins, Daimler Truck, Paccar, Prologis, RyderVentures and Schneider as a strategic investor in Platform Science. The collaboration accelerates the future of transportation technology through the global expansion of Virtual Vehicle, Platform Science’s open, connected vehicle application platform developed in collaboration with leading OEMs.
“Together with Trimble, we are dedicated to transforming the global transportation industry,” Jack Kennedy, Platform Science co-founder and CEO, said in a news release. “This transaction marks a milestone in how we deliver unprecedented choice to fleets of all sizes. Innovation drives everything we do. We are empowering the collective minds of developers to easily attack the massive inefficiencies that have plagued transportation across a critical mass of vehicles globally.”
Customers around the globe will soon be able to choose application solutions from Platform Science, Trimble, and numerous partners in a growing catalog without changing hardware through Virtual Vehicle’s expansion. Virtual Vehicle offers fleets access to a wide range of telematics, driver and fleet management software through OEM vehicle architecture or aftermarket hardware for non-compatible vehicles, creating a uniform experience for users and developers and ensuring ease-of-use regardless of vehicle or hardware type.
“As we move forward combining Trimble’s global telematics business units with Platform Science, our commitment to serving our customers has never been stronger,” said Rob Painter, Trimble president and CEO. “This transaction creates opportunities for Trimble to further connect people, data, workflows, and ecosystems across the global transportation lifecycle, from planning and procurement to execution and delivery.”