Definiens AG sells business unit Earth Sciences to Trimble

Munich, 11 June 2010 - Trimble (NASDAQ: TRMB) and Definiens, a Munich based company specializing in image analysis solutions, today announced Trimble’s acquisition of Definiens’ Earth Sciences assets in an all-cash transaction. Financial terms were not disclosed. Mummert & Company acted as exclusive advisor for Definiens AG.
Definiens’ Earth Sciences assets include eCognition® software, an advanced image analysis software suite for geospatial applications that facilitates fast and accurate geo-information extraction from remote sensing imagery. The “original” object-based image analysis (OBIA) software has been used by industry leading data providers, remote sensing professionals, and university researchers in urban planning, forestry, agriculture, energy, insurance, and defense/security for nearly a decade. eCognition software is scalable and offers a comprehensive range of tools to create powerful image analysis applications that can handle all common data sources, such as medium- to high-resolution satellite data, high-resolution aerial photography, laser scanner, radar, and hyperspectral data.
Harald Maehrle, Managing Partner at Mummert & Company, explains the benefits for both companies: “The acquisition of Earth Sciences and its eCognition software is a highly reasonable expansion of Trimble’s GeoSpatial Portfolio while Definiens is now able to focus on image analysis in healthcare, which is its core business.”
The patented Definiens Cognition Network Technology® was developed by 1986 Nobel Laureate Prof. Gerd Binnig and his team. The technology emulates human cognitive processes of perception to extract intelligence from images. The power behind the innovative technology is its ability to quickly and easily transform user knowledge and domain expertise into automatic routines. Definiens applies advanced machine learning concepts to train the system and render this knowledge in a production environment, enabling the technology to automatically process millions of images.

Short Profile Mummert & Company Corporate Finance GmbH:

Mummert & Company is a leading corporate finance advisor, specialized in technology-based companies. With offices in Munich, Vienna and Princeton (USA), Mummert & Company provides advisory services for the purchase or sale of companies or shareholdings (mergers & acquisitions), for the raising of equity capital (venture capital, private equity or the capital markets) and debt capital, for restructurings, for valuations (fairness opinions) as well as for the privatization of government-owned enterprises.

Detailed information about Mummert & Company is available at www.mummertcompany.com

Short Profile Definiens AG
Definiens is the number one Enterprise Image Intelligence® company for analyzing and interpreting images on every scale – from microscopic cell structures to full body scans. The Definiens Cognition Network Technology®, developed by Nobel laureate Prof. Gerd Binnig and his team, is an advanced and robust context-based technology designed to fulfil the image analysis requirements of the Medical and Life Sciences markets. The technology is modeled on the powerful human cognitive perception processes to extract intelligence from images. Definiens provides organizations with faster image analysis results, allowing deeper insights enabling better business decisions. The company is headquartered in Munich, Germany and has offices in the U.S.

Detailed information about Definiens is available at www.definiens.com

About eCognition Software
eCognition software enables organizations involved in earth sciences to quickly extract accurate geo-information from any kind of remote sensing data. The software assists data providers, value adders, scientists and end users in integrating earth observation and remote sensing data to generate accurate GIS-ready information. eCognition’s intelligent feature extraction capabilities accelerate mapping, change detection and object recognition–delivering standardized and reproducible image analysis results.
Detailed information about eCognition Software is available at www.ecognition.com

Short Profile Trimble
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location—including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978, Trimble is headquartered in Sunnyvale, Calif.
Detailed information about Trimble is available at www.trimble.com.

Vanessa Kuenstler
Mummert & Company Corporate Finance GmbH
Prinzregentenstrasse 48, 80538 Munich
Tel. +49 (89) 23 23 77 30 Fax +49 (89) 23 23 77 77
kuenstler@mummertcompany.com

This release was published on openPR.