Trimble Acquires Logicway

Trimble

announced today that it has acquired privately-held Logicway of the Netherlands, a provider of software for automating payroll and expenses with a specific focus on the transportation and logistics (T&L) industry. Logicway's flexible reporting tools enable customers to pre-calculate salaries and expenses, track hours, monitor key performance indicators and improve report-building capabilities in the back office. Financial terms were not disclosed. "T&L companies are faced with increasing complexity in complying and reporting with the changing laws and regulations in, and outside Europe. With its open and collaborative platform, Logicway has a rich solution that addresses these challenges, making compliance more efficient and automated," said Michel Van Maercke, general manager of Trimble's T&L group for EMEA. "Logicway's software currently integrates with Trimble's T&L solutions. It is an ideal fit to expand our back-office capabilities to add even more value to our customers. In addition, Logicway's open platform allows for collaboration with other vendors in the T&L space." "The acquisition enables us to broaden our footprint with a global team that shares our passion for innovation in the T&L industry," said Heino Van Der Gugten, co-founder of Logicway. "The combination of technologies and resources