On 18 October 2019, Trimble Inc., a U.S.-based software & hardware company, closed its acquisition of Azteca Systems LLC. Azteca, headquartered in Sandy, Utah, develops the computerized maintenance management system (CMMS) and enterprise asset management (EAM) platform, Cityworks.
The Cityworks acquisition helps Trimble round out its asset, work management offerings. In this Research Note, Bluefield water experts analyze:
- Reasons behind the acquisition
- Trimble’s current asset and workforce management offerings
- Cityworks’ international presence and products targeting municipal utilities
- Recent M&A in the asset management space