Trimble Inc M&A Call Transcript
Good morning. My name is Devin, and I will be your conference operator today. At this time, I would like to welcome everyone to the Trimble to Acquire Transporeon Conference Call. (Operator Instructions) Thank you.
I now turn the call over to CEO, Rob Painter. You may now begin your conference.
Thank you, everyone, for joining us today. I'm Rob Painter, CEO of Trimble. With me today are David Barnes, our CFO; and Stephan Sieber, CEO of Transporeon. Before I get started, I'll call your attention to our presentation, which is available on our website. I ask that you refer to the safe harbor language on Slide 2, and I'll begin my commentary on Slide 3.
The transportation industry represents 1 of the largest opportunities available to Trimble. It's a market that is large, global, underserved and underpenetrated and it is undergoing a secular adoption of technology to improve productivity and sustainability. Yesterday, we announced that we have entered into an agreement to acquire
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