Sunnyvale, Calif. -- Trimble, a Sunnyvale-based developer of global positioning system (GPS) technology, said that it has agreed to acquire Eleven Technology, a Massachusetts-based provider of handheld device software for the consumer packaged goods industry. Financial terms of the deal were not disclosed. Founded in 2000, Eleven Technology offers software applications designed to increase the speed of new product introductions to retailers, ensure retail execution and trade promotion compliance, and drive reductions in out-of-stock items. Its customers include Pepsi and Procter & Gamble, among others.
http://www.trimble.com/news/release.aspx?id=042706a
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