Platform Science has entered into a definitive agreement to acquire Trimble’s global transportation telematics business units in a deal aimed at transforming in-cab technology for commercial vehicles. As part of this agreement, Trimble will become a shareholder in Platform Science’s expanded business.

This partnership is expected to enhance driver experience, fleet safety, and operational efficiency, offering customers a broader range of applications and solutions, the companies said in a news release.

Upon the transaction’s closure, Trimble’s customers will continue to benefit from their existing solutions and the added flexibility of Platform Science’s Virtual Vehicle platform. This integration will grant fleets access to the Virtual Vehicle Marketplace, featuring a wide array of new and expanded applications designed to improve driver quality of life and fleet performance. Platform Science customers, meanwhile, will gain access to Trimble’s remaining transportation solutions through the Virtual Vehicle platform.

“We believe combining our global transportation telematics portfolio with Platform Science’s will further advance fleet mobility and provide our customers with a broader portfolio of solutions to solve industry problems,” said Rob Painter, president and chief executive officer of Trimble, in a release. “This deal will result in significant synergies along with tremendous opportunities for employees to continue to grow in a more competitive business.”

“This partnership marks the inflection point for a true platform approach to transportation technology. Now, powered by OEM-native software services, we will deliver unprecedented choice,” added Jack Kennedy, co-founder and chief executive officer of Platform Science. “We are confident choice will expand exponentially as existing providers and new developers now see the opportunity to reach vehicles everywhere with high-quality OEM data delivered in a consistent, reliable way. This finally empowers developers to easily address the endemic inefficiencies that have plagued transportation across vehicles globally.” 

Trimble’s other transportation business units — Enterprise, Maps, Vusion and Transporeon — are not included in the proposed transaction and will remain part of Trimble’s transportation and logistics segment.