Trimble acquires ISE
Trimble has acquired privately-held Innovative Software Engineering (ISE), a Coralville, IA-based engineering and systems integration firm. Delivering end-to-end Internet of Things (IoT) and telematics solutions, enterprise mobility applications, and tailored software solutions, the acquisition of ISE expands Trimble's fleet safety and compliance solutions while allowing Trimble to offer electronic logs as a service. Financial terms were not disclosed.
The addition of ISE allows Trimble to combine research and development efforts to provide customers with a robust and compliant Electronic Logging Device (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.
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.
"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."
ISE's business will be reported as part of Trimble's Transportation Segment.