Trimble Divests Water Monitoring Assets to Badger Meter, Inc.

January 3, 2024

https://www.prnewswire.com/news-releases/trimble-divests-water-monitoring-assets-to-badger-meter-inc-302025665.html

WESTMINSTER, Colo., Jan. 3, 2024 /PRNewswire/ — Trimble (NASDAQ: TRMB) announced today that it has completed the sale of select remote water monitoring hardware and software, inclusive of the Telog brand of RTUs (remote telemetry units), and Trimble Unity Remote Monitoring software to Badger Meter, Inc. The divestiture is in line with Trimble’s strategy to focus on areas core to its long-term growth and strategic product roadmap. Financial terms were not disclosed.

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