SUNNYVALE, Calif. - Trimble (NASDAQ: TRMB) announced today that it has acquired privately-held Innovative Software Engineering (ISE), an engineering and systems integration firm that delivers innovative, end-to-end Internet of Things (IoT) and telematics solutions, enterprise mobility applications and tailored software solutions headquartered in Coralville, Iowa. The acquisition expands Trimble’s fleet safety and compliance solutions and allows Trimble to offer electronic logs as a service. Financial terms were not disclosed.
Trimble serves multiple industries that require compliance with the upcoming Electronic Logging Device (ELD) mandate, including customers in transportation and other industries. The mandate, which requires certain fleets to electronically log hours of service (HOS) data, will go into effect in December 2017. According to the Federal Motor Carrier Safety Administration (FMCSA), the ELD mandate is expected to impact 3.4 million drivers across the United States.1
“ISE’s broad industry expertise and innovative solutions extend Trimble’s capabilities in providing fleet safety and compliance,” said James Veneziano, senior vice president, Trimble. “By acquiring ISE, we can further develop comprehensive solutions and services to enable our customers to realize improved efficiencies and greater levels of safety within their organization.”
The addition of ISE allows Trimble to combine research and development efforts to provide customers with a robust and compliant ELD solution. ISE provides its electronic logs as a service to a variety of businesses that provide a logging solution to a broad range of customers, including those in oil and gas transportation, agriculture and construction as well as private and for-hire fleets. Trimble’s Construction Logistics and Field Service Management businesses currently provide electronic logging solutions as a service through ISE’s eFleetSuite, a commercial-grade telematics platform that manages HOS and vehicle maintenance compliance.
“For more than 15 years, ISE has dedicated itself to providing enterprise and tailored software solutions to its clients. Our Fleet Services products provide fleets with end-to-end solutions that solve complex safety and compliance issues,” said Hass Machlab, founder, president and CEO of ISE. “In joining Trimble, we look forward to being part of an organization that shares this dedication and leveraging synergies that will enable continued innovation to benefit all of our customers.”
ISE’s business will be reported as part of Trimble’s Transportation Segment.