Trimble has announced that it has acquired Tata AutoComp Mobility Telematics Limited (TMT), a wholly-owned company of Tata AutoComp Systems Limited of Pune, India.
TMT is a leading provider of telematics solutions and Mobile Resource Management (MRM) services in India and serves large customers such as Bharat Petroleum as well as Tata Group companies such as Tata Motors.
The acquisition is expected to expand Trimble’s MRM solutions portfolio and allow the company to better address markets in India.
Financial terms were not disclosed.
TMT solutions are marketed under the “trako” brand. The TMT business will be reported as part of the Mobile Solutions segment.