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Trimble Inc. announced financial results for the first quarter of 2025. First Quarter 2025 Financial Highlights Revenue of $840.6 million, down 12 percent on a year-over-year basis, up 2 percent on an organic basis Annualized recurring revenue ("ARR") was $2.18 billion, up 7 percent year-over-year, up 15 percent on an organic basis GAAP operating income was $97.5 million, 11.6 percent of revenue and non-GAAP operating income was $198.2 million, 23.6 percent of revenue GAAP net income was $66.7 million and non-GAAP net income was $151.4 million Diluted earnings per share ("EPS") was $0.27 on a GAAP basis and $0.61 on a non-GAAP basis Adjusted EBITDA was $212.1 million, 25.2 percent of revenue Share repurchase of $627.4 million Executive Quote "We began the year with strong momentum, delivering a first quarter record annualized recurring revenue of $2.18 billion and surpassing expectations on both top and bottom lines," said Rob Painter, president and CEO of Trimble. "With current market uncertainties in mind, we are maintaining our full year 2025 guidance, reflecting our strong performance, durable business model and clarity

ANN ARBOR, Michigan, USA 7 May 2025— Today, the Aerospace and Defense PLM Action Group (AD PAG), an association of leading companies in the aerospace and defense industry, announced its decision to collaborate with member companies of the prostep ivip Association (prostep ivip) to support further development and adoption of the Code of PLM Openness (CPO). The CPO aims to promote openness, making it easier to integrate IT systems into connected IT environments, extending from development and production through to after-sales, with many heterogeneous IT systems provided by numerous IT vendors. The CPO provides a framework allowing industrial users and IT solution providers to self-assess and progressively achieve higher levels of openness, leading to certification. The announcement was formalized in a Memorandum of Understanding entered into by CIMdata, Inc. (CIMdata), administrator of the AD PAG, and prostep ivip at the industry conference, PLM Road Map & PDT North America 2025, which

 PDF 25 Years of Innovation and a Future-Ready Digital Thread Key Takeaways Aras celebrated their 25th anniversary, at the Aras Community Event (ACE) in Boston, March 31-April 3, 2025, with nearly 500 attendees from over 150 organizations. Aras is focused on helping customers create digital threads and the event showcased Aras’ technology, plans, and how their clients are implementing and leveraging the platform to create their digital threads. Everyone is interested in AI and Aras did not disappoint, their keynotes described their vision of how AI will enable a future-ready digital thread and how AI is being used in the product today taking advantage of Microsoft’s Azure AI services. Major product additions include the Aras Marketplace that launched with over eighty solutions, and InnovatorEdge, a low-code integration framework that simplifies the creation of digital threads. Introduction Today’s product development landscape is fraught with complexity. Companies often find themselves using multiple computer-aided design (CAD) systems, numerous desktop applications and

AMETEK, Inc. and FARO Technologies, Inc. announced that they have entered into a definitive agreement under which AMETEK will acquire all outstanding shares of FARO Technologies common stock for $44 per share in cash, which represents an approximate 40% premium to FARO's closing price on May 5, 2025. The transaction values FARO at an enterprise value of approximately $920 million. The boards of directors of both companies have unanimously approved the transaction. Founded in 1981 and headquartered in Lake Mary, Florida, FARO Technologies is a leading provider of 3D measurement and imaging solutions, including portable measurement arms, laser scanners and trackers, software solutions, and comprehensive service offerings. FARO's precision manufacturing and digital reality solutions serve a diverse range of end markets. The company has annual sales of approximately $340 million. "FARO is an outstanding acquisition for AMETEK and an excellent strategic fit with our Ultra Precision Technologies division," comments David A. Zapico, AMETEK Chairman and Chief Executive Officer. "FARO's differentiated 3D metrology and imaging solutions

The HOMAG Group acquired the remaining 29.4 percent of the shares in Kallesoe Machinery A/S at the end of April 2025. HOMAG had already acquired 70.6 percent of the Danish system developer of solutions for the engineered wood industry in 2021. Kallesoe specializes in high-frequency presses for the production of board plywood – also known as cross laminated timber – which is used, among other things, for the construction of walls for timber houses. HOMAG Group AG has acquired the remaining 29.4 percent from the Kallesøe family, which is still represented in the management of Kallesoe Machinery A/S. CEO Kristian Kallesøe emphasizes: “HOMAG is a very reliable partner for us, with whom we can continue to expand our market position in the future.” To view the original press release, please click here. Search for HOMAG on CIMdata.com Search for Kallesoe Machinery on CIMdata.com

Advanced Management Insight (AMI) announced that AMI and Oracle have completed the SuiteCloud Developer Network (SDN) agreement and are launching joint efforts to provide TrueProject to existing NetSuite SuiteProjects Pro customers and new prospective clients. The new Oracle partnering application, TrueProject, is now available for early adopter engagements with general availability of the integrated solution set for June 1, 2025. TrueProject for SuiteProjects Pro helps professional services organizations enhance project governance and execution by providing AI-driven insights and predictive intelligence to keep projects on time, on budget, and on track. TrueProject for NetSuite SuiteProjects Pro is now available for a FREE trial registration and special introductory subscription pricing—contact us below for more details and to get started. Oracle and AMI have partnered to deliver cutting-edge advancements for NetSuite SuiteProjects Pro, to integrate AMI’s TrueProject predictive intelligence to enhance project visibility, risk management, and execution performance. This collaboration brings AI-powered insights and real-time analytics directly into NetSuite, empowering users to

Flow Science, Inc. has announced its engagement of Road Ahead Technologies Consultant Vietnam Company Limited (RATC Vietnam) as its new associate for the sales and technical support of the FLOW-3D product family in Vietnam. RATC Vietnam is based in Hanoi. The leadership team includes General Manager Yuh Feng (Jimmy) Huang and Sales Director Aston Tsang. RATC Group, a Taiwanese company with a long-standing presence in Taiwan, mainland China, and Vietnam, has been in operation for 28 years and serves as the parent company of RATC Vietnam. Their proven track record in delivering high-quality technology and software solutions makes them an ideal partner for Flow Science. “We are honored to represent Flow Science in Vietnam,” said Aston Tsang, Sales Director. “Our team is fully committed to supporting the FLOW-3D user community and delivering exceptional service to both commercial and academic customers throughout the country.” Vietnam continues to emerge as a fast-growing market with increasing demand for CFD solutions. With RATC

KeyShot, the global leader in advanced 3D visualization for the product design industry, announced a change in leadership. Søren Abildgaard has been appointed as the new CEO, succeeding Claus Thorsgaard, who has chosen to pursue an exciting new opportunity outside the company. Under Claus Thorsgaard’s leadership, KeyShot has undergone a significant transformation. Building on a groundbreaking rendering technology that redefined the 3D design industry, KeyShot is now the leading business technology platform within the product design industry, enabling seamless collaboration from initial design concept through to market launch.  We are very proud to welcome Søren Abildgaard as CEO of KeyShot. We are confident that his industry, strategic, and product expertise will enable him to lead the fantastic KeyShot team and ensure that the KeyShot product suite will remain market-leadingLars Lunde With a product-centric mindset, domain expertise, and deep insight into the company, Søren Abildgaard is uniquely equipped to guide KeyShot successfully on its

Trimble® announced Murphy Tractor & Equipment Co., Inc. as the newest Trimble Technology Outlet. Based in Park City, Kansas, Murphy Tractor is the first John Deere dealer to become an authorized Trimble civil construction reseller. As a Trimble Technology Outlet, Murphy Tractor will now sell Trimble machine control, site positioning systems and correction services technology directly to customers using Deere and Hamm earthmoving equipment, including dozers, excavators, motor graders, soil compactors, mini-excavators and compact track loaders. Murphy will initially begin selling Trimble technology in Ohio and parts of Indiana, Kentucky and West Virginia. It will then expand across its entire footprint, which includes all of Iowa, Kansas, Nebraska and Western Missouri. Trimble Technology Outlets are a new and important part of Trimble's evolved civil construction distribution strategy. By adding authorized resellers representing a wide variety of manufacturers to the Trimble distribution channel, it becomes easier for users of all machine types to purchase, install and utilize Trimble technology for improved jobsite productivity and profitability. Dedication to Customer Success"We are excited to announce Murphy Tractor as our newest technology outlet

PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing and selling solutions, announced that its Board of Directors has named Jeff Cotten as President and CEO effective June 2, 2025. Following a search assisted by a nationally recognized executive search firm, Cotten succeeds Andres Reiner, who previously announced his intention to retire. Reiner will serve in a senior advisory role for one year following Cotten’s appointment to ensure a successful transition. Cotten is a dynamic, customer-focused executive with over two decades of experience in enterprise technology companies. He has a proven track record of driving growth and leading complex transformations across both Fortune 2000 organizations and VC-backed companies. Cotten currently serves as Chairman and previously served as CEO of Alvaria. Prior to that he served as CEO of Tenfold and held multiple senior leadership roles at Rackspace, including President and CRO, where he led global operations for an over $2 billion business.