Hexagon AB history, profile and corporate video
Hexagon AB provides design, measurement and visualization technologies. The company operates through two segments: Hexagon Measurement Technologies and Other Operations. The Hexagon Measurement Technologies segment comprises the application areas geosystems, metrology, and technology. The Other Operations segment is focused towards the transportation industry including cars and heavy vehicles. The company was founded on August 29, 1975 and is headquartered in Stockholm, Sweden.”
Hexagon has realised a number of major milestones since 1975 that have shaped our company into one of the world’s most advanced measurement and visualisation technologies provider.
Hexagon hosted its second international conference, Hexagon 2012, in June, bringing a record 3 000 industry leaders from more than 70 countries to Las Vegas, NV, with the theme Think Forward.
Hexagon Metrology re-branded itself as the primary go-to-market brand to provide authentic experience reflective of a company deeply rooted in technological innovation and a shared commitment to Hexagon’s renewed focus.
Hexagon brands Intergraph and Leica Geosystems brought to market, Leica TruView Integrator for SmartPlant® Enterprise, combining plant asset management software and laser scanning technology.
Hexagon acquired many companies, particularly in the geospatial sector, to add to its growing suite off offerings. Hexagon acquired leading Canadian surveying and mapping software developer, MicroSurvey. Hexagon also acquired My Virtual Reality Software AS (myVR) of Norway, providers of real-time 3D, mobile virtual technology. Also acquired were GTA Geoinformatik GmbH, 3D modeling pioneer, and Geosystems Kazakhstan, an existing Leica Geosystems dealer. Hexagon acquired minority stakes in Blom ASA, geospatial information provider, and North West Geomatics Ltd., aerial mapping and spatial data providers. Additional acquisitions include Lasertopo, Visavs Oy, Sematec and New River Kinematics.
Hexagon’s share price rose by 59 percent in 2012.
Hexagon launched a company rebrand to reflect Hexagon’s refined vision for the future. Hexagon hosted its inaugural international conference, Hexagon 2011, in June, drawing more than 2 500 attendees from over 65 countries. In July, Hexagon was reclassified from Sector 20 Industrials to Sector 45 Information Technology in the NASDAQ OMX Stockholm Stock Exchange.
Hexagon partnered with Locata Corporation Pty LTD to create the world’s first GPS-Locata receiver. Hexagon also acquired Denali, a global leader in records management systems, and Augusta Systems, a camera, sensor systems and networks provider. In addition, Hexagon acquired all shares in SISGRAPH Software, which markets solutions for Intergraph in South America.
On 6 July, Hexagon announced the acquisition of U.S.-based software provider Intergraph. The acquisition, part of Hexagon’s software-driven expansion, was finalised on 28 October.
The French software company Technodigit is acquired. The Spatial Systems division of the American company Loyola Enterprises Inc. is acquired. The German optical measuring machine company Mahr Multisensor GmbH and German multisensor manufacturer Mycrona GmbH are acquired.
Hexagon Polymers is distributed to the shareholders of Hexagon and is listed as a separate company Hexpol AB on the NASDAQ OMX Stockholm. The American companies Surveyors Service Company, Haselbach Surveying Instruments, the Spanish Santiago & Cintra Ibérica S.A, the American Advanced Metrology Solutions, the Swedish software company Viewserve, the German software company MTWZ, the German machine tool probe manufacturer m&h Group, the Chinese measuring instruments supplier Serein Metrology and the Australian machine guidance supplier Rinex Technology are acquired.
Johnson Metall AB, Eurosteel AB and Tidamek AB are divested. Within Hexagon Measurement Technologies, the software company Svensk ByggnadsGeodesi AB (SBG), French D&P Systems, Topolaser System and Gamfi, American Allen Precision Equipment, Acquis and Jigsaw Technologies, Australian Earth Resource Mapping (ER Mapper), Turkish Transmetal, software company IONIC, Chinese company JMTC, German Gesswein, CogniTens Ltd in Israel, Canadian NovAtel Inc, Indian Elcome Technologies, R&A Rost Vertriebs and R&A Rost Produktions in Austria, Geopro in Hungary and Junglas in Germany are acquired. Within Hexagon Polymers, the American rubber compounding company Gold Key Processing Ltd is acquired.
As industrial property in Västerås, Sweden, a line of business in Tidamek AB and the shareholding in Tradimus AB are divested. Scanlaser AB, Scanlaser AS, assets of Thaimach Sales & Service Co., Ltd. in Thailand and MIKROFYN A/S are acquired.
The Hexagon Automation business area and tooling company SwePart Verktyg AB are divested. The wheel division of Trostel SEG, Inc. and measurement technologies company Leica Geosystems are acquired.
Metodsvets i Kungälv AB and Tjust Mekaniska Verkstads AB are divested. The shares in the listed company VBG AB are spun off to Hexagon’s shareholders. The measurement technologies operations of Korea ErFa Systems Eng. Co, measurement technologies operations of Sheffield Automation LLC, polymer group Thona Group and measurement technologies companies Romer S.A and Romer Inc. are acquired.
Boliden and Hexagon form a joint venture comprising their respective brass operations, Nordic Brass AB and Boliden Gusum AB. Hexagon increase its ownership to 90 per cent in Qingdao Brown & Sharpe Quinshao Technology Co Ltd and Qingdao Brown & Sharpe Trading Co Ltd.
The measurement technologies company C E Johansson, rubber compound company GFD Technology Gmbh, measurement technologies company Quality Ltda and software company Mirai Srl are acquired.
Gustaf Fagerberg AB, Tecla, Johnson Metal Bearing Components and the business area Hexagon Wireless are divested. The US listed measurement technologies company Brown & Sharpe Inc, the software company Wilcox, Cubic Tavleproduktion and HTR Hydrauliikka Oy are acquired.
New management team is hired and new strategies set. The business area Norfoods is divested.
Mr Melker Schörling is elected the Chairman of the Board of Hexagon.
Mr Melker Schörling acquires the controlling stake in Hexagon.
Eken changes its registered name to Hexagon AB.
Hexagon AB is created and a major shareholding in the listed company Eken Industri & Handel AB is acquired.”
*Information from Forbes.com and Hexagon.se
**Video published on YouTube by “Hexagon“