Nasdaq-listed location technology provider Trimble has bought the non-healthcare image analysis software of Germany-based Definiens. No financial terms were disclosed for Trimble’s acquisition of Definiens’ earth sciences business assets, including its eCognition software, and licensing of its software technology platform in an all-cash transaction.
Definiens, which has retained its healthcare operations, had previously raised money in 2001 from DaimlerChrysler Venture, the corporate venturing division of the Germany-based car maker (before the portfolio of assets was sold to secondaries investor Cipio Partners in 2004 and Chrysler was spun off in a leveraged buyout).
Definiens’ other investors had included its original backer in 2000, venture capital firm TVM Capital.