Azteca Systems LLC, which does business as Cityworks in Sandy, has been acquired by Trimble, a global positioning and robotic optical surveying instrument company based in Sunnyvale, California. Cityworks is a provider of enterprise asset management (EAM) software for utilities and local government. The transaction is expected to close in the fourth quarter. Financial terms were not disclosed.{mprestriction ids="1,3"}
Cityworks was founded in 1996 and provides office, cloud and mobile EAM software that is used by more than 700 utilities and local governments. The company’s 125 employees will join a Trimble workforce of over 11,000.
The combined Trimble and Cityworks offerings will provide real-time asset intelligence, workflows and analytics for transforming the way governments and utilities prioritize infrastructure maintenance and construction investments, Trimble said in a release.
“Cityworks is a pioneer in developing software to address the global challenges associated with managing aging, critical infrastructure,” said Steve Berglund, president and CEO of Trimble. “Trimble has a long history of transforming industries by combining technologies and providing full solutions that help customers measure, assess, design and construct infrastructure at scale. With Cityworks, we now expand our solutions portfolio enabling customers to manage and optimize the performance of their assets across the entire infrastructure lifecycle.”
“Trimble is an ideal match for Cityworks and the work we aspire to do in helping utilities and communities improve public infrastructure management. Joining Trimble is strategic, providing exciting growth opportunities and new opportunities for innovation,” said Brian L. Haslam, founder, president and CEO of Cityworks. {/mprestriction}