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Trimble to Acquire Müller-Elektronik to Extend its Precision Agriculture Capabilities from the Vehicle to the Implement
With more than 375 employees, Müller is a pioneer in precision farming, known for developing, producing and selling Electronic Control Units (ECUs) and embedded software that provides vehicle and implement control for tractors, combine harvesters, field sprayers, drill machines, seeders, spreaders and slurry tankers to improve the management of inputs such as seed, fertilizer and pesticides. Müller was a key contributor in the development of the ISOBUS communication protocol, which allows one terminal to control several implements and machines, regardless of manufacturer. ISOBUS standardizes the control settings, reduces downtime and minimizes installation and interface challenges, simplifying data exchange and machine control. The implement control solutions developed by Müller have now become widely adopted by leading agriculture OEMs and aftermarket channels.
Combining the technology and strengths of Trimble and Müller will enable the development of new and exciting solutions for farmers worldwide, who often struggle to integrate and use disparate hardware and software products across various brands of agricultural equipment. The addition of Müller-Elektronik will enable the creation of an ecosystem where farmers, advisors and retailers can easily build field prescriptions and transfer that prescription to the implement, enabling farmers to more easily adopt precision agriculture solutions.
"Our planned acquisition of Müller-Elektronik recognizes the growing importance of the implement in variable rate application solutions as well as the importance of an integrated platform that is agnostic to equipment brand," said
"Trimble is a leading provider of precision agriculture hardware and farm management software. Bringing Trimble together with Müller's leading ISOBUS solutions will create an industry-changing opportunity to deliver a system-wide integration that is uniquely available through the combination of the companies," said
The acquisition of Müller-Elektronik will include the company's other operations, WTK Elektronik, a German-based company, ME-
For more information, visit: https://www.mueller-elektronik.de/en.
About Trimble's Agriculture Division
Trimble's Agriculture Division provides solutions that solve complex technology challenges across the entire agricultural supply chain. The solutions enable farmers and advisors to allocate scarce resources to produce a safe, reliable food supply in a profitable and environmentally sustainable manner. Covering all seasons, crops, terrains and farm sizes, Trimble solutions can be used on most equipment on the farm, regardless of manufacturer. To enable better decision making, Trimble offers technology integration that allows farmers to collect, share, and manage information across their farm, while providing improved operating efficiencies in the agricultural value chain. Trimble solutions include guidance and steering, agronomy coaching, desktop and cloud-based data management, flow and application control, water management, harvest solutions and correction services.
For more information on Trimble Agriculture, visit: www.trimble.com/agriculture.
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming a broad range of industries such as agriculture, construction, geospatial and transportation and logistics. For more information on Trimble, visit: www.trimble.com.
This press release contains forward-looking statements regarding the business operations and prospects of Trimble, including the timing for the closing of the Müller-Electronik acquisition and the impacts of the acquisition on expanding Trimble's precision agriculture capabilities. These forward-looking statements are subject to change, and actual results may materially differ due to certain risks and uncertainties. Factors that could cause or contribute to changes in such forward-looking statements include, but are not limited to (i) realizing the anticipated benefits of the acquisition, (ii) the ability to combine the technologies and strengths of Trimble and Müller-Electronik, and develop new and compelling solutions that can be adopted by farmers worldwide, (iii) the growth prospects for variable rate applications, extent to which the ISOBUS standard is adopted
worldwide, and Trimble's ability to expand its Agriculture business through the acquisition, and (iv) the risks and uncertainties associated with unexpected expenditures or assumed liabilities that may be incurred as a result of the acquisition. More information about potential factors which could affect Trimble's business and financial results is set forth in reports filed with the
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