Hexagon AB

Hexagon is a developer of digital reality solutions that combine software products, sensors and technologies for autonomous control systems. The company uses data to improve efficiency, productivity, quality and safety in industry, infrastructure, the public sector and the mobile application segment for various industries.

Hexagon shares are traded freely on the Nordic exchange (ticker 'HEXAB'), as well as on the Swiss Exchange (ticker 'HEXN').

Services

Hexagon is a supplier of precision measurement systems, engineering software for the design, construction and operation of factories, ships and naval facilities.

The company uses data to improve efficiency, productivity, and quality in industrial, manufacturing, infrastructure, secure, and mobile applications.

Technology is shaping urban and production ecosystems to become increasingly connected and autonomous, providing a scalable, sustainable future.

PPM Hexagon enables its customers to transform unstructured information into an intelligent digital asset for visualization, construction, and management of structures and objects of all complexity, ensuring safe and efficient operation throughout the lifecycle.

History

2021

Completion of acquisition of Infor's international EAM business

Hexagon AB, an expert in digital reality solutions, announced on December 7, 2021 the completion of the previously announced acquisition of its international EAM business from Infor (Enterprise Asset Management; Enterprise Asset Management). Before closing the transaction, all necessary regulatory approvals were received and other standard requirements were met. Hexagon's expanded portfolio of solutions will help customers improve their operational efficiency and continue to implement digital transformation initiatives.

The asset management solution Infor EAM is widely used industrial by enterprises around the world to comprehensively improve the efficiency of production assets and digitalize all maintenance processes. Its implementation allows customers in almost any industry to optimize investments in maintaining production funds. Infor EAM is a platform IT for managing production funds, which can be deployed both according to the classic scheme at the customer's computing capacity and in a private cloudy environment, as well as on the vendor's specialized cloud platform, which is accessed by subscription. Given that the Infor EAM solution fits perfectly with Hexagon, the synergistic effect of the transaction should provide significant sales growth, the volume of which will increase by about 100 million US dollars by 2026 dollars.

Against the background of the evolution of the EAM market from traditional enterprise asset management systems to APM systems (Asset Performance Management; Asset Performance Management) Customers need increasingly versatile solutions to manage their entire asset lifecycle - from design and construction to operation. The sale of the EAM business and the conclusion of a strategic agreement with Hexagon will allow Infor to integrate the capabilities of EAM technology with Hexagon's achievements in the field of digital reality, including sensors, software products and autonomous technologies.

"Expanding Hexagon's portfolio with such a solution as Infor EAM is a significant step in the development of our company," commented Andreas Weisbecker, CEO of Intergraph PPendM, a subsidiary of Hexagon AB in Russia. - For our region, this is especially relevant, since the need for solutions with a complete cycle from design to operation is long overdue. With Infor EAM and a highly qualified team, we can now significantly expand our operational efficiency offerings to customers. With Hexagon solutions, new customers will be able to determine the optimal path from design to operation, and existing customers will be able to use the accumulated data to manage production assets in accordance with global practices. "

"For Infor EAM customers in Russia, this deal also reveals new opportunities," said Sergey Gorelenkov, Senior Account Manager at Infor EAM in Russia and the CIS. - Infor EAM's integration into Hexagon means a new impetus in the development of the solution and the entire digital ecosystem of Infor solutions for managing the efficiency of production assets. If earlier industrial enterprises had to solve the problems of managing production assets separately and using various solutions, now Hexagon will be able to offer not only the APM (Asset Performance Management) platform, but also a whole range of solutions that harmoniously complement EAM in the classical sense. Our goal is not only to close the cycle from design to operation, but also to provide customers with a platform for comprehensive and comprehensive management of production assets, optimization of total cost of ownership and long-term planning of equipment investments. "

Infor EAM Business Acquisition Agreement

On July 6, 2021, Infor announced to TAdviser that it had entered into an agreement to sell its international EAM business (Enterprise Asset Management) to Hexagon AB. The value of the transaction will amount to approximately $2.75 billion in cash, shares, as well as in the form of strategic interaction between companies in terms of servicing common customers. The structures will continue to work independently of each other until the transaction is directly completed, subject to its approval by regulatory bodies. More details here.

2020: DP Technology bought Hexagon

In early November 2020, a major merger was announced in the CAD market: DP Technology buys Hexagon at a price that the deal participants did not disclose. With this acquisition, DP Technology intends to strengthen the position of its flagship Esprit system in the CAM market (CNC machine control software).

Esprit after closing the deal will be included in Hexagon's Manufacturing Intelligence division. DP Technology co-founder and president Paul Ricard called this step "natural," explaining his position by the fact that the Esprit team is engaged in production intelligence. Ricker expressed hope that the takeover of Hexagon will help DP Technology improve service to CAM system users.

DP Technology acquires Hexagon

Hexagon's global reach will expand our brand and accelerate the development of our products to meet the needs of manufacturers around the world, "said Dan Frayssinet, co-founder and CEO of DP Technology.

According to Philippe Albert, Vice President of International Sales and Director of European Operations at DP Technology, Esprit partners, resellers and end users can count on a smooth transition and significant synergies that will ensure rapid growth and great opportunities.

As we integrate into Hexagon, we will see an increase in the qualities that make Esprit an industry leader, especially those that are most appreciated by our customers, "says DP Technology Executive Vice President Chuck Mathews, whose words are quoted in the press release. - Using the strengths of the multinational company, we will achieve a faster development of our products and services in the global CAM market.[1]

• 2018 - sales amount to approximately 3.8 billion euros.
• In the fall of 2010, Hexagon AB acquired the American company Intergraph Corporation for $2.125 billion.

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