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Trimble acquires LET Systems |
Trimble has announced its acquisition of privately-held LET Systems based in Cork, Ireland. LET Systems is a leader in incident and outage management system (OMS) solutions for utilities. Trimble said the acquisition is part of its strategic utilities and smart grid initiative to bring productivity solutions to the global utilities industry. It did not disclose the financial terms of the transaction.
LET Systems provides OMS, network modeling, customer contact and mobile workforce management software for electric, gas, water and wastewater utilities. Its eRespond software platform provides utilities with the tools to increase network reliability, improve efficiency and reduce the cost of day-to-day operations while improving customer service and regulatory reporting.
eRespond is a modular spatially-enabled solution designed and proven to meet the needs of a broad range of utilities--from small, community-based utilities with fewer than 200,000 service connections to large utilities that cover an entire country with approximately 16,000,000 service connections.
Katherine Sandford, general manager for Trimble's Utilities Field Solutions business said, "The acquisition of LET Systems will strengthen Trimble's Utilities Field Solutions product portfolio by adding comprehensive, scalable incident and outage management capabilities."
Marcus McCarthy, managing director of LET said, "We are looking forward to expanding our customer base with the help of a global team and are anticipating being able to offer broader solutions to our current customers in Europe, the Middle East, Asia and Africa. The acquisition will strengthen our partnerships with smart grid industry leaders and allow us to better serve their needs in a rapidly changing marketplace."
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