View source for Hexagon AB

{{Short description|Swedish tech company}}
{{Infobox company
| name                = Hexagon AB
| logo                = Hexagon AB Logo Color.svg
| type                = [[Public company|Public]] (''[[Aktiebolag]]'')
| traded_as           = {{OMX|SSE819|HEXA B}}<br />[[OMX Stockholm 30]] component
| ISIN                = {{ISIN|sl=n|pl=y|SE0015961909}}<ref>{{cite web |url=https://www.bloomberg.com/profile/company/HXGB:GR |title=Hexagon AB – Company Profile and News – Bloomberg Markets |website=[[Bloomberg News]]}}</ref>
| foundation          = {{start date and age|1975}}
| location            = [[Stockholm, Sweden]]
| key_people          = Norbert Hanke, CEO (interim)<ref name="org_update_11_11_2024" /><br />[[Ola Rollén]], Chairman<ref name="1:2:Reuters:06:2022" />
| industry            = [[CAD/CAM Software]], [[Electronics]], [[Enterprise Software]], [[Geographic Information Systems (GIS)]], [[Software]], [[Technology]], [[Technology Consulting]].
| revenue             = {{increase}} 5.2 bn EUR <small>(2022)</small>
| area_served         = Worldwide
| num_employees       = 24,000 <small>(2022)</small><ref name="0:1:Forbes:12:2023" /><ref>{{cite web |url=https://www.forbes.com/companies/hexagon/?sh=5011387e7088 |title=Hexagon &#124; Company Overview & News |website=[[Forbes]]}}</ref>
| website             = [https://hexagon.com/ Hexagon.com]
| operating_income    = {{increase}} 1,517.8 MEUR  <small>(2022)</small>
| assets              = {{increase}}16,477.0 MEUR <small>(2022)</small>
}}

'''Hexagon AB''' is a multinational industrial technology company.<ref name="1:4:Reuters:07:2021" /> Headquartered in [[Stockholm]], Sweden,<ref name="0:1:Forbes:12:2023" /> and publicly traded on the [[Nasdaq Stockholm]] exchange,<ref name="0:7:Reutersr:11:2016" /> the company since 2000 has had a particular focus on measuring technology<ref name="1:3:NewYorkTimes:11:2000" /> and [[geospatial]] tools and software.<ref name="0:1:Forbes:12:2023" /> After its founding, between 2000 and 2022, Hexagon completed more than 170 acquisitions,<ref name="annualreport2021" /> and it is the parent company of [[Leica Geosystems]]<ref name="0:12:NewYorkTimes:08:2005" /> and [[Infor]] EAM, among other subsidiaries.<ref name="1:4:Reuters:07:2021" /> With around 24,000 employees, Hexagon's revenue in 2023 was US$5.5&nbsp;billion, while assets were $18.1&nbsp;billion.<ref name="0:1:Forbes:12:2023" />

== History ==
=== 1975–2012 ===
Headquartered in [[Stockholm, Sweden]], the predecessor company of Hexagon AB was founded on August 29, 1975.<ref name="0:1:Forbes:12:2023" /> The company was described as a "sprawling conglomerate" investing in diverse industries, for example seafood imports, vehicle hydraulics, and day-care centers. Financier [[Melker Schörling]] bought a controlling stake in the company in 1998, and aimed to focus the company's investments.<ref name="0:31:Reuters:03:2013" />

In 2000,<ref name="0:6:Reuters:06:2019" />[[Ola Rollén]],former CEO of [[Kanthal (alloy)|Kanthal]],was appointed by Schörling to be CEO of Hexagon AB. The company began acquiring companies focused on precision measurement technology and software, and divesting in other areas.<ref name="0:31:Reuters:03:2013" /> In late 2001,Hexagon AB agreed to buy [[Brown & Sharpe]], a Swedish company focused on [[metrological]] tools, for around US$180&nbsp;million.<ref name="1:3:NewYorkTimes:11:2000" /> Hexagon AB also acquired [[Leica Geosystems]]<ref name="0:31:Reuters:03:2013" /> after counter-bidding against [[Danaher Corporation|Danaher]] for the company in 2005.<ref name="0:12:NewYorkTimes:08:2005" /> Hexagon AB acquired the Israel-based 3D optics company [[Amnon Shashua|CogniTens Ltd]] in 2007.<ref name="0:13:Flogbes:2007" /> The software company [[Intergraph]] was acquired by Hexagon AB in July 2010 for US$2.1&nbsp;billion.<ref name="0:14:Reuters:2010" />

=== 2013–2021 ===
Hexagon AB acquired [[Vero Software]] in 2014.<ref name="1:8:Reuters:07:2014" /> In 2016, the top five shareholders in Hexagon included Schörling, [[Stefan Persson (magnate)|Ramsbury Invest]], SSB CI Omnibus, Swedbank Robur Fonder and [[JPMorgan Chase|JPM Chase]]. Schorling served as chairman,<ref name="0:7:Reutersr:11:2016" /> although he stepped down in October 2016 due to health issues.<ref name="0:10:Reuters:11:2016" /> Hexagon purchased [[MSC Software]] for US$834&nbsp;million in 2017, using the acquisition to boost its portfolio of products related to automated manufacturing.<ref name="0:30:Reuters:Feb:2017" />In 2018, Hexagon acquired both [[Earthworks (engineering)#Calculation software|AGTEK]]<ref name="1:5:Reuters:03:2018" /> and [[NCSIMUL|Spring Technologies SAS]].<ref name="1:7:LesEchos:04:2019" />

In 2016, Hexagon's CEO [[Ola Rollén]] was detained in Sweden over allegations of insider trading. The transaction did not involve Hexagon and he continued to serve as CEO of Hexagon. Rollén was acquitted in 2018,<ref name="0:9:FT:01:2018" /> then again found not guilty by an Oslo appeals court in 2019.<ref name="0:6:Reuters:06:2019" /> Hexagon acquired [[Infor]] EAM, a program developed by Infor, from [[Koch Industries|Koch]] in 2021. Hexagon paid US$800&nbsp;million in cash and shares worth $1.95&nbsp;billion for the purchase, giving Koch a 5% stake in Hexagon.<ref name="1:4:Reuters:07:2021" />

=== 2022–2025 ===
Ola Rollén stepped down as Hexagon CEO at the end of 2022, becoming chairman of the board. Former COO Paolo Guglielmini became president and CEO.<ref name="1:2:Reuters:06:2022" /> Hexagon purchased Hard-Line, a radio system company based in [[Ontario]], in July 2023,<ref name="0:19:CBC:07:2023" /> and in November 2023, Hexagon led a US$230&nbsp;million funding round in the industrial AI company Divergent Technologies.<ref name="0:20:LABusinessJournal:11:2023" /> Hexagon's revenues in 2023 were US$5.5&nbsp;billion. Assets were $18.1&nbsp;billion, profits were $1.1&nbsp;billion, and the company listed 24,000 employees<ref name="0:1:Forbes:12:2023" /> in 50 countries.<ref>{{Cite web |title=annual-report-2022 |url=https://investors.hexagon.com/~/media/Files/H/Hexagon-IR-V3/Annual%20Reports/annual-report-2022.pdf}}</ref>

On November 11, 2024, it was announced that Paolo Guglielmini was stepping down as CEO and that Norbert Hanke would be serving as interim CEO.  Hexagon also announced its exploration of a possible split of the company into Hexagon AB and a new corporation, which would focus on Enterprise Industrial Software. On the 20th of January the following year Hexagon announced that Anders Svensson would take over the position of President and CEO.<ref name="org_update_11_11_2024">{{Cite web |date=2024-11-11 |title=What was announced today? |url=https://vp208.alertir.com/sites/default/files/misc/hexagon_organisational_update.pdf |access-date=2024-11-15}}</ref>

== Products and services ==
Hexagon is a technology and software firm<ref name="0:30:Reuters:Feb:2017" />known for specializing in [[measurement]] and [[geopositioning|positioning]] systems.<ref name="0:1:Forbes:12:2023" /><ref name="0:9:FT:01:2018" /> According to [[Reuters]] in 2023, Hexagon's products are used for "measurement and quality inspection in manufacturing processes and engineering plant design, as well as in infrastructure planning, construction, mining, agriculture and energy."<ref name="0:8:Reuters:07:2023" /> With Hexagon developing what it calls "ecosystems" of software programs and technologies for specific purposes, in 2023, the company's official website stated it sold products catered to the following industries: autonomous mobility, buildings, cities and nations, defense, farms, industrial facilitates, infrastructure, manufacturing, and mines.<ref>{{Cite web |title=Solutions by Ecosystem |url=https://hexagon.com/solutions |access-date=2023-10-31 |website=hexagon.com |language=en}}</ref>{{Primary source inline|date=October 2023}}

== Divisions ==
Hexagon AB is organized into divisions, listing five internal divisions on its website: Asset Lifecycle Intelligence, Autonomous Solutions, Geosystems, Manufacturing Intelligence, and Safety, Infrastructure & Geospatial.<ref>{{Cite web |title=Divisions |url=https://hexagon.com/company/divisions |access-date=2024-08-12 |website=hexagon.com |language=en}}</ref>{{Primary source inline|date=July 2022}}

=== List of acquisitions and subsidiaries ===
{{split section|List of Hexagon AB subsidiaries and acquisitions|date=December 2023}}Between 2000 and 2022, Hexagon completed more than 170 acquisitions.<ref name="annualreport2021">[https://investors.hexagon.com/~/media/Files/H/Hexagon-IR-V3/Annual%20Reports/annual-report-2022.pdf Annual Report 2022], Hexagon</ref> The following table lists major acquisitions by year, also noting the division of Hexagon AB that the acquisition was made a part of.
{| class="wikitable sortable"
|+
|-
! Year !! Company !! Country !! Hexagon division{{when|date=December 2023}}
|-
| 2000|| Cubic-Tavleproduktion || {{flag|Denmark}}||
|-
| 2000|| Wilcox & Associates || {{flag|US}}|| Manufacturing Intelligence
|-
| 2000|| HTR Hydrauliikka || {{flag|Finland}}||
|-
| 2001|| [[Brown & Sharpe]]<ref name="1:3:NewYorkTimes:11:2000" />|| {{flag|US}}|| Manufacturing Intelligence
|-
| 2002|| MIRAI S.R.L || {{flag|Italy}}||
|-
| 2002|| Quality Ltda || {{flag|Brazil}}||
|-
| 2002|| CE Johansson || {{flag|Sweden}}|| Manufacturing Intelligence
|-
| 2002|| Xygent || {{flag|US}}|| Manufacturing Intelligence
|-
| 2002|| GFD Technology || {{flag|Germany}}||
|-
| 2004|| Korea ErFa Systems Eng – Business || {{flag|South Korea}}||
|-
| 2004|| [[Romer arm|Romer]] || {{flag|France}} || Manufacturing Intelligence
|-
| 2004|| GPD Sprl – Assets || {{flag|Italy}}||
|-
| 2004|| Thona Group || {{flag|Belgium}}||
|-
| 2005|| Trostel SEG || {{flag|US}}||
|-
| 2005|| [[Leica Geosystems]]<ref name="0:12:NewYorkTimes:08:2005" />|| {{flag|Switzerland}}|| Geosystems
|-
| 2006|| Mikrofyn|| {{flag|Denmark}}|| Geosystems
|-
| 2007|| Gesswein|| {{flag|Germany}}||
|-
| 2007|| Agatec SAS|| {{flag|France}}||
|-
| 2007|| Jingjiang Measuring Tool Company|| {{flag|China}}|| Manufacturing Intelligence
|-
| 2007|| Transmetal|| {{flag|Turkey}}||
|-
| 2007|| Allen Precision Equipment|| {{flag|US}}|| Geosystems
|-
| 2007|| NovAtel|| {{flag|Canada}}|| Autonomy & Positioning
|-
| 2007|| Elcome Technologies|| {{flag|India}}|| Geosystems
|-
| 2007|| Gold Key Processing|| {{flag|US}}||
|-
| 2007|| Ionic Software|| {{flag|Belgium}}||
|-
| 2007|| Earth Resource Mapping || {{flag|Australia}}||
|-
| 2007|| GAMFI International|| {{flag|France}}||
|-
| 2007|| Svensk ByggnadsGeodesi|| {{flag|Sweden}}|| Geosystems
|-
| 2007|| [[Amnon Shashua|CogniTens Ltd]]<ref name="0:13:Flogbes:2007" />|| {{flag|Israel}}|| Manufacturing Intelligence
|-
| 2008|| Messtechnik Wetzlar|| {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2008|| Santiago & Cintra Ibérica|| {{flag|Spain}}||
|-
| 2008|| m&h Group|| {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2008|| Viewserve|| {{flag|Sweden}}|| Geosystems
|-
| 2008|| Serein Metrology|| {{flag|US}}|| Manufacturing Intelligence
|-
| 2009|| Technodigit|| {{flag|France}}|| Manufacturing Intelligence
|-
| 2009|| Mahr Multisensor GmbH|| {{flag|Germany}}||
|-
| 2009|| MYCRONA GmbH|| {{flag|Germany}}||
|-
| 2010|| [[Intergraph]]<ref name="0:14:Reuters:2010" />|| {{flag|US}}|| Safety, Infrastructure & Geospatial/<br />Asset Lifecycle Intelligence
|-
| 2012 || Microsurvey|| {{flag|Canada}}|| Geosystems
|-
| 2012|| myVR || {{flag|Norway}}||CORP
|-
| 2012|| GTA Geoinformatik || {{flag|Germany}}||
|-
| 2013|| Pixis || {{flag|Chile}}||Asset Lifecycle Intelligence
|-
| 2013|| Airborne Hydrography AB || {{flag|Sweden}}|| Geosystems
|-
| 2013|| Devex || {{flag|Brazil}}|| Mining
|-
| 2013|| Navgeocom || {{flag|Russia}}||Geosystems
|-
| 2013|| LISTECH || {{flag|Australia}}||Geosystems
|-
| 2013|| New River Kinematics (NRK) || {{flag|US}}|| Manufacturing Intelligence
|-
| 2013|| MANFRA || {{flag|Brazil}}||Geosystems
|-
| 2014|| Veripos|| {{flag|UK}}<ref>{{Cite web |date=2014-04-16 |title=Hexagon's Acquisition of Veripos: Why Did This Go Down? - GPS World |url=https://www.gpsworld.com/hexagons-acquisition-of-veripos-why-did-this-go-down/ |access-date=2024-01-30 |website=GPS World – The Business and Technology of Global Navigation and Positioning |language=en-US}}</ref>|| Autonomy & Positioning<ref>{{Cite web |date=2022-03-03 |title=Hexagon {{!}} Veripos expands SPAN GNSS+INS portfolio for dynamic positioning – GPS World |url=https://www.gpsworld.com/hexagon-veripos-expands-span-gnssins-portfolio-for-dynamic-positioning/ |access-date=2024-01-30 |website=GPS World |language=en-US}}</ref>
|-
| 2014|| Aibotix || {{flag|Germany}}|| Geosystems
|-
| 2014|| HostSure || {{flag|Ireland}}|| Asset Lifecycle Intelligence
|-
| 2014|| iLab || {{flag|Brazil}}||VEN
|-
| 2014|| Mintec || {{flag|US}}|| Mining
|-
| 2014|| North West Geomatics Ltd. (North West Group) || {{flag|Canada}}|| Geosystems
|-
| 2014|| SAFEmine || {{flag|Switzerland}}|| Mining
|-
| 2014|| Arvus || {{flag|Brazil}}||iHub
|-
| 2014|| [[Vero Software]]<ref name="1:8:Reuters:07:2014" />|| {{flag|UK}}||Manufacturing Intelligence
|-
| 2015|| EcoSys|| {{flag|US}}|| Asset Lifecycle Intelligence
|-
| 2015|| Q-DAS|| {{flag|Germany}}||Manufacturing Intelligence
|-
| 2015|| CAMTECH GmbH & Co KG|| {{flag|Germany}}||Manufacturing Intelligence
|-
| 2016|| Apodius GmbH|| {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2016|| Forming Technology, Inc.|| {{flag|Canada}}|| Manufacturing Intelligence
|-
| 2016|| Multivista|| {{flag|US}}|| Geosystems
|-
| 2016|| SigmaSpace Corporation || {{flag|US}}||Safety, Infrastructure & Geospatial
|-
| 2016|| SCCS Survey || {{flag|UK}}||Geosystems
|-
| 2016|| AICON 3D Systems || {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2016|| NESTIX Oy || {{flag|Finland}}||Asset Lifecycle Intelligence
|-
| 2017|| Catavolt, Inc || {{flag|US}}||VENT
|-
| 2017|| [[Luciad]] || {{flag|Belgium}}|| Safety, Infrastructure & Geospatial
|-
| 2017|| MiPlan || {{flag|Australia}}|| Mining
|-
| 2017|| [[MSC Software]]<ref name="0:30:Reuters:Feb:2017" />|| {{flag|US}}|| Manufacturing Intelligence
|-
| 2017|| VIRES GmbH || {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2017|| DST Computer Services || {{flag|Switzerland}}|| Asset Lifecycle Intelligence
|-
| 2018|| [[Earthworks (engineering)#Calculation software|AGTEK]]<ref name="1:5:Reuters:03:2018" />|| {{flag|US}}|| Geosystems
|-
| 2018|| AutonomouStuff || {{flag|US}}|| Autonomy & Positioning
|-
| 2018|| [[Bricsys]] || {{flag|Belgium}}|| Asset Lifecycle Intelligence
|-
| 2018|| Guardvant || {{flag|US}}|| Mining
|-
| 2018|| Nextsense || {{flag|Austria}}|| Manufacturing Intelligence
|-
| 2018|| [[NCSIMUL|Spring Technologies SAS]]<ref name="1:7:LesEchos:04:2019" />|| {{flag|France}}|| Manufacturing Intelligence
|-
| 2019|| J5 International || {{flag|Isle of Man}}|| Asset Lifecycle Intelligence
|-
| 2019|| Etalon AG || {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2019|| Thermopylae Sciences & Technology LLC|| {{flag|US}}||GSP
|-
| 2019|| Split Engineering || {{flag|US}}|| Mining
|-
| 2019|| AMendate || {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2019|| Volume Graphics || {{flag|Germany}}|| Manufacturing Intelligence
|-
| 2020|| Blast Movement Technology (BMT)|| {{flag|Australia}}|| Mining
|-
| 2020|| Geopraevent|| {{flag|Switzerland}}|| Geosystems
|-
| 2020|| Romax|| {{flag|UK}}|| Manufacturing Intelligence
|-
| 2020|| PAS Global || {{flag|US}}|| Asset Lifecycle Intelligence
|-
| 2020|| Tacticaware || {{flag|Czech Republic}}|| Geosystems
|-
| 2020|| ESPRIT CAM || {{flag|US}}|| Manufacturing Intelligence
|-
| 2020|| CAEfatigue || {{flag|UK}}|| Manufacturing Intelligence
|-
| 2020|| OxBlue || {{flag|US}}|| Geosystems
|-
| 2021|| [[Infor]] EAM<ref name="1:4:Reuters:07:2021" />|| {{flag|US}}|| Asset Lifecycle Intelligence
|-
| 2021|| Immersal || {{flag|Finland}}|| Geosystems
|-
| 2021|| CADLM || {{flag|France}}|| Manufacturing Intelligence
|-
| 2022|| ETQ || {{flag|US}}|| Manufacturing Intelligence<ref>[https://hexagon.com/company/newsroom/press-releases/2022/hexagon-completes-acquisition-etq Hexagon completes the acquisition of ETQ], [https://www.prnewswire.com/news-releases/hexagon-acquires-etq-adding-market-leading-saas-based-qms-software-platform-to-its-portfolio-301490393.html&ved=2ahUKEwiLs5b03eWHAxVvMVkFHQSSBB4QFnoECB0QAQ&usg=AOvVaw0zO4P8usHRHctR4ah2R83Q Hexagon]</ref>{{better source needed|date=December 2023}}
|-
| 2022|| Innovatia Accelerator<ref>[https://www.prnewswire.com/news-releases/hexagon-furthers-its-commitment-to-innovation-in-the-operations--maintenance-om-segment-with-the-acquisition-of-innovatia-accelerator-301516475.html Hexagon furthers its commitment to innovation in the Operations & Maintenance (O&M) segment with the acquisition of Innovatia Accelerator], Hexagon</ref>{{better source needed|date=December 2023}}|| {{flag|Canada}}|| Asset Lifecycle Intelligence
|-
| 2022|| Minnovare || {{flag|Australia}}|| Mining<ref>[https://hexagon.com/company/newsroom/press-releases/2022/mine-solutions-portfolio-acquisition-minnovare Hexagon strengthens its life-of-mine solutions portfolio with the acquisition of Minnovare], Hexagon</ref>{{better source needed|date=December 2023}}
|-
| 2022|| iConstruct Pty Ltd || {{flag|Australia}}|| Asset Lifecycle Intelligence<ref>[https://hexagon.com/company/newsroom/press-releases/2022/hexagon-expands-its-smart-digital-realitytm-capabilities-across-the-construction-sector-with-the-acquisition-of-iconstruct Hexagon expands its Smart Digital Reality capabilities across the construction sector with the acquisition of iConstruct], Hexagon</ref>{{better source needed|date=December 2023}}
|-
| 2022|| PDSA Company Limited || {{flag|Ghana}}|| Geosystems
|-
| 2023|| [[NICE Ltd.|Qognify]]<ref>{{Cite web |last=Bosch |first=Rodney |date=2015-08-03 |title=NICE Systems Deal Finalized, Name Changed to Qognify |url=https://www.securitysales.com/news/nice_is_selling_its_video_surveillance_business_for_100m/13500/ |access-date=2025-05-23 |website=Security Sales & Integration |language=en-CA}}</ref>|| {{flag|US}}|| Safety, Infrastructure & Geospatial<ref>{{Cite web |title=Qognify becomes part of Hexagon |url=https://www.sourcesecurity.com/news/qognify-part-hexagon-co-9744-ga-co-1662830137-ga.1681117431.html |access-date=2025-05-23 |website=www.sourcesecurity.com}}</ref>
|-
| 2023|| CADS Additive || {{flag|Austria}}|| Manufacturing Intelligence<ref>[https://hexagon.com/company/newsroom/press-releases/2023/hexagon-enhances-its-additive-manufacturing-solutions-with-the-acquisition-of-cads-additive Hexagon enhances its additive manufacturing solutions with the acquisition of CADS Additive], Hexagon</ref>{{better source needed|date=December 2023}}
|-
| 2023|| Projectmates || {{flag|US}}|| Geosystems<ref>[https://hexagon.com/company/newsroom/press-releases/2023/hexagon-strengthens-its-construction-software-offering-for-asset-owners-with-the-acquisition-of-projectmates Hexagon strengthens its construction software offering for asset owners with the acquisition of Projectmates], Hexagon</ref>{{better source needed|date=December 2023}}
|-
| 2023|| Hard-Line<ref name="0:19:CBC:07:2023" />|| {{flag|Canada}}|| Mining<ref>[https://hexagon.com/company/newsroom/press-releases/2023/hexagon-strengthens-its-mining-automation-and-safety-solutions-with-acquisition-of-hard-line Hexagon strengthens its mining automation and safety solutions with acquisition of HARD-LINE], Hexagon</ref>
|-
| 2024|| Xwatch|| {{flag|UK}}|| Geosystems<ref>[https://hexagon.com/company/newsroom/press-releases/2024/hexagon-acquires-xwatch-to-strengthen-its-construction-safety-portfolio Hexagon acquires Xwatch to strengthen its construction safety portfolio], Hexagon</ref>
|-
| 2024|| Itus Digital|| {{flag|US}}|| Asset Lifecycle Intelligence<ref>[https://hexagon.com/company/newsroom/press-releases/2024/hexagon-acquires-itus-digital-to-expand-asset-performance-management-capabilities Hexagon acquires Itus Digital to expand Asset Performance Management capabilities], Hexagon</ref>
|-
| 2024|| Voyansi|| {{flag|US}}|| Geosystems<ref>[https://hexagon.com/company/newsroom/press-releases/2024/hexagon-acquires-voyansi-to-enhance-its-bim-solutions-portfolio Hexagon acquires Voyansi to enhance its BIM solutions portfolio], Hexagon</ref>
|-
|2024|| indurad || {{flag|Germany}}|| Autonomous Solutions<ref>{{cite web |url=https://hexagon.com/company/newsroom/press-releases/2024/hexagon-accelerates-the-shift-to-fully-autonomous-mines-with-acquisition-of-indurad |website=hexagon.com |title=Hexagon accelerates the shift to fully autonomous mines with acquisition of indurad |date=2024-11-21 |access-date=2024-11-22}}</ref>
|-
|2025|| [[Septentrio]] || {{flag|Belgium}} || Autonomous Solutions<ref>[https://hexagon.com/company/newsroom/press-releases/2025/hexagon-to-acquire-septentrio-revolutionising-positioning-in-missioncritical-navigation-and-autonomy-applications Hexagon to acquire Septentrio, revolutionising positioning in mission-critical navigation and autonomy applications], Hexagon</ref>
|-
|2025|| CONET Communications GmbH || {{flag|Germany}} || Safety, Infrastructure & Geospatial<ref>[https://hexagon.com/company/newsroom/press-releases/2025/hexagon-to-acquire-conet-communications-assets-to-strengthen-public-safety-capabilities Hexagon to acquire CONET Communications assets to strengthen public safety capabilities], Hexagon</ref>
|}

== See also ==
{{Portal|Sweden|Business}}
* [[List of largest Swedish companies]]
* [[List of largest Nordic companies]]
* [[S&P Europe 350 Dividend Aristocrats]]
* [[Internet of things]]

== References ==
{{Reflist|refs=

<ref name="0:12:NewYorkTimes:08:2005">{{Citation |date=August 16, 2005 |title=Hexagon raises Leica Geosystems bid |newspaper=[[The New York Times]] |url=https://www.nytimes.com/2005/08/16/business/worldbusiness/hexagon-raises-leica-geosystems-bid.html |access-date=December 31, 2023}}</ref>

<ref name="1:3:NewYorkTimes:11:2000">{{Citation |date=November 18, 2000 |title=Hexagon Buys Measuring Instrument Business |newspaper=[[The New York Times]] |url=https://www.nytimes.com/2000/11/18/business/company-news-hexagon-buys-measuring-instrument-business.html }}</ref>

<ref name="1:5:Reuters:03:2018">{{Citation |date=March 15, 2018 |title=Hexagon acquires U.S. software firm AGTEK |newspaper=[[Reuters]] |url=https://www.reuters.com/article/brief-hexagon-acquires-us-software-firm-idUSASO0001ZO/ }}</ref>

<ref name="0:13:Flogbes:2007">{{Citation |last=Feldman |first=Batya |date=September 4, 2007 |title=Hexagon buys Israeli 3D optics start-up CogniTens |newspaper=[[Globes (newspaper)|Globes]] |url=https://en.globes.co.il/en/article-1000250551 |access-date=December 31, 2023}}</ref>

<ref name="0:14:Reuters:2010">{{Citation |date=July 7, 2010 |title=Sweden's Hexagon buys Intergraph for $2.1 bln |newspaper=[[Reuters]] |url=https://www.reuters.com/article/intergraph-hexagon-idUSLDE66614O20100707/ |access-date=December 31, 2023}}</ref>

<ref name="1:4:Reuters:07:2021">{{Citation |date=July 13, 2021 |title=Sweden's Hexagon buys Infor EAM for $2.7 bln, develops ties with Koch |newspaper=[[Reuters]] |url=https://www.reuters.com/technology/swedens-hexagon-buys-infor-eam-27-billion-2021-07-06/ |access-date=December 31, 2023}}</ref>

<ref name="1:8:Reuters:07:2014">{{Citation |date=July 20, 2014 |title=Hexagon says to buy Vero Software w FY2013 sales of about EUR 80 mln |newspaper=[[Reuters]] |url=https://www.reuters.com/article/hexagon-vero-brief-idUKWEB00PZ520140721/ |access-date=December 31, 2023}}</ref>

<ref name="0:30:Reuters:Feb:2017">{{Citation |date=February 2, 2017 |title=Deals of the day-Mergers and acquisitions |newspaper=[[Reuters]] |url=https://www.reuters.com/article/deals-day-idUSL4N1FN2KN/ |access-date=December 31, 2023}}</ref>

<ref name="1:7:LesEchos:04:2019">{{Citation |date=June 20, 2018 |title=Swedish Hexagon acquires Spring Technologies |newspaper=[[Les Echos (France)|Les Echos]] |url=https://capitalfinance-lesechos-fr.translate.goog/deals/sortie/le-suedois-hexagon-soffre-spring-technologies-127813?_x_tr_sl=fr&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc |access-date=December 31, 2023}}</ref>

<ref name="0:19:CBC:07:2023">{{Citation |date=July 17, 2023 |title=Sudbury, Ont.-based Hard-Line sells to Swedish multinational, but local jobs will stay |publisher=[[Canadian Broadcasting Corporation|CBC]] |url=https://www.cbc.ca/news/canada/sudbury/hard-line-sells-sudbury-jobs-1.6909089 |access-date=December 31, 2023}}</ref>

<ref name="1:2:Reuters:06:2022">{{Citation|date=June 27, 2022 |title=Hexagon CEO steps down to become chair of the board | newspaper=[[Reuters]] | url=https://www.reuters.com/article/hexagon-ab-ceo-idUSL8N2YE0Y0/|access-date=December 31, 2023}}</ref>

<ref name="0:1:Forbes:12:2023">{{Citation |year=2023 |title=Hexagon |newspaper=Forbes |url=https://www.forbes.com/companies/hexagon/?sh=5011387e7088 |access-date=December 31, 2023}}</ref>

<ref name="0:9:FT:01:2018">{{Citation |last=Mile |first=Richard |date=January 10, 2018 |title=Hexagon CEO acquitted of insider trading charges |newspaper=[[Financial Times]] |url=https://www.ft.com/content/5b8a021d-7ae6-34df-8962-101fde6fdf3a |access-date=December 31, 2023}}</ref>

<ref name="0:31:Reuters:03:2013">{{Citation |last=Niklas Pollard |first=Johannes |date=27 March 2013 |title=From tuna to tech, Hexagon breaks Swedish mould |newspaper=[[Reuters]] |url=https://www.reuters.com/article/sweden-hexagon-idINDEE92Q05X20130327 |access-date=December 31, 2023}}</ref>

<ref name="0:6:Reuters:06:2019">{{Citation |last=Gwladys Fouche |first=Terje Solsvik |date=June 26, 2019 |title=Hexagon CEO Rollen found not guilty of insider trading in appeals case |newspaper=[[Reuters]] |url=https://www.reuters.com/article/us-hexagon-ab-ceo-idUSKCN1TR2TY }}</ref>

<ref name="0:7:Reutersr:11:2016">{{Citation |last=Johannes Hellstrom |first=Anna Ringstrom |date=November 1, 2016 |title=Hexagon CEO was under arrest during results call, investors unaware |newspaper=[[Reuters]] |url=https://www.reuters.com/article/us-hexagon-ab-ceo-insidertrading/hexagon-ceo-was-under-arrest-during-results-call-investors-unaware-idUSKBN12W41P }}</ref>

<ref name="0:10:Reuters:11:2016">{{Citation |last=Shanley |first=Mia |date=November 4, 2016 |title=Sweden's clean corporate image dealt blow with insider trading case |newspaper=[[Reuters]] |url=https://www.reuters.com/article/us-sweden-business-idUSKBN12Z1AK }}</ref>

<ref name="0:20:LABusinessJournal:11:2023">{{Citation |last=Harnon |first=Grace |date=November 20, 2023 |title=Modernizing Manufacturing: Divergent Raises $230M to Aid Growth |newspaper=[[The Los Angeles Business Journal]] |url=https://labusinessjournal.com/featured/modernizing-manufacturing-divergent-raises-230m-to-aid-growth/ |access-date=December 31, 2023}}</ref>

<ref name="0:8:Reuters:07:2023">{{Citation |last= |first= |date=April 28, 2023 |title=Industrial tech group Hexagon beats Q1 Forecast |newspaper=[[Reuters]] |url=https://www.reuters.com/technology/industrial-tech-group-hexagons-q1-beats-forecast-2023-04-28 |access-date=December 31, 2023}}</ref>

}}

== External links ==
{{Hexagon AB}}
{{OMX Stockholm 30 companies}}
{{OMX Nordic 40}}
{{Authority control}}

[[Category:Technology companies of Sweden]]
[[Category:Technology companies established in 1992]]
[[Category:Software companies of Sweden]]
[[Category:Software companies established in 1992]]
[[Category:Companies based in Stockholm]]
[[Category:Geographic data and information equipment companies]]
[[Category:Swedish brands]]
[[Category:Swedish companies established in 1992]]
[[Category:Companies listed on Nasdaq Stockholm]]
[[Category:Companies in the OMX Stockholm 30]]
[[Category:Companies in the OMX Nordic 40]]
[[Category:Companies in the S&P Europe 350 Dividend Aristocrats]]