Market Overview

Trimble Buying Google's SketchUp 3D Modeling Platform

Trimble (NASDAQ: TRMB) today announced that it has entered into a definitive agreement to acquire SketchUp®, one of the most popular 3D modeling tools in the world, from Google (NASDAQ: GOOG). The transaction is expected to close in the second quarter of 2012, subject to customary closing conditions and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.  While financial terms are not being disclosed the transaction is not expected to be material to 2012 earnings per share.

Posted-In: News Asset Sales

 

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