A few days in the past I’ve learn a information article about Trimble being bought by the First Hawaiian Financial institution and for a second I started to fret about the way forward for the SketchUp.
I solely know methods to use SketchUp so far as laptop drawing software program goes and I actually love utilizing it. It’s straightforward to grasp and it’s not as costly as different related software program. With that mentioned, I’m anxious about the way forward for SketchUp as its present possession is within the arms of a financial institution…
I got here right here simply to precise my dilemma and hopefully get some assurance that issues will go on (with updates and so forth.)
Nicely I’m not an economist, nevertheless it doesn’t appear like FHB purchased Trimble. in any respect.
FHB strengthened their already current funding. apparently, they aren’t the one ones
I imply, in keeping with CNN, FHB isn’t even prime 10 buyers
https://cash.cnn.com/quote/shareholders/shareholders.html?symb=TRMB&subView=institutional
If FHB’s stake within the firm is now roughly value 1,4 million $, it makes them a small fish.
They’re value about 12B$. so FHB owns… 1/10000th of it ? roughly ?
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Trimble is the third proprietor of SketchUp through the time I’ve been utilizing it. The financial institution talked about greater than doubled its stake in Trimble however I’d guess that the corporate is value greater than the about 1.35 million {dollars} of its inventory owned by them. I wouldn’t be frightened.
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That is what I learn Trimble Inc. is bought by First Hawaiian Financial institution for 10,300 shares (NASDAQ:TRMB)
Trimble Inventory Value In the present day (NASDAQ: TRMB) Quote, Market Cap, Chart | WallStreetZen.
10,300 shares could be one thing like 0.00042% of these 246,951,697 shares. Absolutely not sufficient to be thought of as shopping for the corporate.
I assume the title of the information headline was deceptive. That is good then!
it’s a bizarre phrasing.
Trimble inc. (the inventory) is (beign) bought by FHB with a amount of 10300 shares
→ FHB simply purchased 10300 shares of Trimble inc.
a fast look tells me the writer is italian and residing in Brazil.
Perhaps the bizarre phrasing is only a bizarre translation in his head 
(or worse, merely automated content material created by scrapping different websites)
Sure. It’s like saying I personal Apple as a result of I personal a number of shares.
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Completely! 
misplaced in translation
My first response was, “Wait, Effective Dwelling Constructing journal has purchased Trimble!?” (@DaveR is sort of conversant in their sister publication, Effective Woodworking, however I’m positive their mother or father writer isn’t able to purchase Trimble. Context it the whole lot to abbreviations.)
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