Trimble Plans to Acquire OmniSTAR

March 24, 2011 10:39 AM
 

 

Trimble announces it has entered into a definitive agreement to acquire certain assets related to the OmniSTAR Global Navigation Satellite System (GNSS) signal corrections business from Fugro N.V.
The acquisition will expand Trimble’s worldwide ability to provide corrections services for land based agriculture, construction, mapping and Geographic Information System (GIS) and survey applications. Trimble and Fugro also entered into a multi-year service agreement which includes Fugro’s ongoing operation of its correction network and satellite service broadcast systems that power the OmniSTAR service. Fugro’s offshore marine business is unaffected.
Closing of the transaction, anticipated in the first quarter, is subject to certain closing conditions.
OmniSTAR provides space-based GNSS correction services that can improve the accuracy of a GNSS receiver for precise positioning applications. Currently, there are four levels of OmniSTAR service: "VBS" offering sub-meter positioning, "XP" delivering better than 20 centimeter accuracy and "HP" delivering greater than10 centimeter accuracy. In addition, the new OmniSTAR “G2” service combines GPS plus GLONASS based corrections to provide decimeter level positioning.
For more than 25 years, OmniSTAR has been involved in precise positioning. In the mid-1980's, before GPS was fully operational, the precursor of OmniSTAR provided North America with the world's first round-the-clock satellite positioning service.
OmniSTAR is a member of the Fugro Group (www.fugro.com) of companies with offices throughout the world. Fugro operates the largest array of reference sites of any company anywhere in the world and is the world leader in providing wide-area, Differential GPS (DGPS) correction services using satellite broadcast.
For more information, www.omnistar.com.
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