Applanix

Applanix, founded in February 1991 as Applied Analytics Corporation, is a spin-off of Honeywell's Advanced Technology Centre. In its first two years of its operation, Applied Analytics provided engineering services in integrated inertial systems and real-time image processing for aerospace. Since 1993, and through an extensive technology conversion effort, Applanix has increasingly specialized in providing off-the-shelf Position and Orientation Systems (POS) using integrated inertial/GPS technology.^[2]

On June 20, 2003 Trimble Inc announced that it had agreed to purchase Applanix in a stock transaction valued at CAD$25 million (approximately US$18.6 million). Trimble expected the acquisition to extend its technology portfolio and enable increased robustness and capabilities in its future positioning products.^[3]