Trimble to Acquire Eleven Technology for Mobile Workforce Management
SUNNYVALE, CA – Trimble has entered into a definitive agreement to acquire Eleven Technology, Inc. of Cambridge, Mass., in an all-cash transaction. Eleven Technology is a mobile application software company with a market and technology position in the Consumer Packaged Goods (CPG) industry. Closing of the transaction, anticipated before mid-May, is subject to usual and customary closing conditions. Financial terms were not disclosed.Eleven Technology’s solution automates the sale and delivery of high-volume consumer products such as baked goods, beverages, dairy, frozen foods, and snacks to retail stores. It provides real-time information to mobile field workers via handheld mobile computing devices to improve customer service levels, on-time deliveries and accurate invoicing. Eleven Technology has a complete solution suite for the CPG industry including applications for sales representatives, delivery drivers, merchandisers, field service technicians, and supervisors. The solution includes mobile hardware and software that seamlessly integrates with a supplier's existing enterprise resource planning (ERP) software system. Eleven Technology’s successful entry into the market is a result of its mobile workforce software development platform, which is based on Microsoft .Net. .Net is Microsoft’s latest software technology for developing enterprise class applications for mobile devices including integration to other systems via XML Web services. Eleven Technology will be reported within Trimble’s Mobile Solutions business segment.