Wabtec to Acquire Trimble’s Beena Vision Business to Expand Digital Rail Wayside Inspection
April 20, 2022
Wabtec Corporation has signed a definitive agreement to acquire Trimble’s Beena Vision business, which makes machine vision-based wayside inspection systems for the railroad industry. The acquisition is intended to pair Beena Vision’s technologies with Wabtec’s TrackIQ portfolio to create a comprehensive wayside inspection offering for rolling stock condition monitoring. Financial terms were not disclosed and the deal is subject to customary closing conditions.
- Buyers
- Wabtec Corporation
- Targets
- Trimble's Beena Vision business
- Sellers
- Trimble
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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