Trimble. (At Closing News).Trimble, Sunnyvale, Calif., enters into a definitive agreement to acquire Applanix Corp., Ontario, Canada, in a stock transaction valued at $18.6 million. Applanix develops systems that integrate Inertial Navigation Systems Noun 1. inertial navigation system - a system to control a plane or spacecraft; uses inertial forces inertial guidance system robot pilot, automatic pilot, autopilot - a navigational device that automatically keeps ships or planes or spacecraft on a steady (INS INS abbr. 1. Immigration and Naturalization Service 2. International News Service Noun 1. INS ) and Global Positioning System Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. (GPS) technologies. "Through this marriage, Trimble and Applanix will be able to fully capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the unique advantages offered by integrating GPS with inertial sensors," says Blake Reid, president of Applanix. "In addition, Applanix can now extend its technologies and products into new markets while providing future benefits to our customers through enhanced product performance capabilities." |
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