Trimble Inc. (TRMB) Taps Martin Equipment as Trimble Technology Outlet

Trimble Inc. (NASDAQ:TRMB) is one of the best lidar stocks to buy right now. On September 9, the company confirmed the addition of Martin Equipment as a new member of the Trimble Technology outlet.

The strategic deal opens the door for Martin Equipment to sell Trimble grade control site positioning systems and correction services technology directly to customers. The Trimble distribution channel has been expanded to include authorized resellers from a wide range of manufacturers, making it simpler for users of various machine types to buy, install, and use Trimble technology for increased worksite productivity and profitability.

“Our goal with every new Trimble Technology Outlet is to make it as easy as possible for contractors using various types of equipment to connect their digital and physical worlds and increase jobsite productivity and profitability through the use of Trimble technology. We look forward to working with Martin to make this vision a reality for their customers,” said Ron Bisio, senior vice president, field systems at Trimble.

Trimble Inc. (NASDAQ:TRMB) develops and integrates lidar technology into its hardware and software solutions, creating systems for mobile mapping, terrestrial scanning, and in-field augmented reality (AR) visualization.

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Disclosure: None. This article is originally published at Insider Monkey.