Hexagon AB

Hexagon AB is a global technology group headquartered in Sweden.

Hexagon AB
Aktiebolag
Traded asNasdaq Stockholm: HEXA B
ISINSE0000103699 
IndustryTechnology
Founded1992
HeadquartersStockholm, Sweden
Revenue3,9 Bn EUR[1]
Number of employees
20,250[2]
Website[]

The operation is focused on precision measuring technologies and is divided into three business areas: Geospatial Measuring (Surveying and GPS), Industrial Metrology (Hexagon Metrology) and Technologies. The company markets its products and services under more than 35 different brands worldwide. The Group employs about 20,000 people in 50 countries.

Hexagon's operations encompass hand tools, fixed and portable coordinate measuring machines, GPS systems, construction machine control systems, level meters, laser meters, total stations, sensors for airborne measurement, aftermarket services and software systems, such as PC-DMIS.

Hexagon’s macro products are used within construction and engineering industries, while micro products are used primarily by automotive and aerospace industries, medical industries and design industry. Hexagon's other operations focus on supplying components primarily to the heavy automotive industry as well as key components for industrial robots.

History

Hexagon AB was founded in 1992 and is headquartered in Stockholm, Sweden and provides products to design, measure, and position objects. Surveyors, government agencies, mapping companies, construction, and security and defense related industries are the primary customers of their services.

Hexagon AB acquired ERDAS in 2001[3] a company that launched in 1978.[4] ERDAS developed various products to process satellite imagery from AVHRR, Landsat MSS and TM, and Spot Image into land cover, land use maps, map deforestation, and assist in locating oil reserves.[5]

In February 2017, the company acquired United States CAE company MSC Software.[6]

Subsidiaries Brands

Products and Solutions Brands

SmartPlant

EcoSys

j5

SDx

References
  1. (PDF) https://vp208.alertir.com/afw/files/press/hexagon/202004021243-1.pdf. Missing or empty |title= (help)
  2. https://investors.hexagon.com/en/financial-information/reports-and-presentations?page=/en/annual-report-and-sustainability-report-2019. Missing or empty |title= (help)
  3. Schutzberg, Adena. "Leica Acquires ERDAS, LH Systems; Expands its Focus on the GIS/RS Market". Directions Magazine. Retrieved 31 July 2020.
  4. InfoWorld, April 29, 1985; A15, A18
  5. Field Guide Blog (April 15, 2009). "A Brief History of ERDAS Imagine". Retrieved on May 25, 2009.
  6. "Hexagon to acquire MSC Software for $834 million". gfxspeak.com. 2009-12-04. Retrieved 2017-02-03.
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