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Hexagon AB

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Hexagon AB
Company typeAktiebolag
Nasdaq StockholmHEXA B
IndustryMetrology
Founded1992
HeadquartersStockholm, Sweden
Revenue14,096 M SEK[1]
Number of employees
12,863[2]
Websitewww.hexagon.com

Hexagon AB is a global technology group headquartered in Sweden.

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 18,000 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[when?][citation needed] a company that launched in 1978.[3] 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.[4]

In February 2017, the company acquired United States CAE company MSC Software.[5]

Brands

References

  1. ^ "Hexagon AB (HEXA-B) Company Profile - CorporateInformation.com". CorporateInformation.com. Archived from the original on 2012-03-26. Retrieved 2011-05-10.
  2. ^ "Business Week Company Description". Bloomberg L.P. Archived from the original on 2012-07-22. Retrieved 2011-11-30.
  3. ^ InfoWorld, April 29, 1985; A15, A18
  4. ^ Field Guide Blog (April 15, 2009). "A Brief History of ERDAS Imagine". Retrieved on May 25, 2009.
  5. ^ "Hexagon to acquire MSC Software for $834 million". gfxspeak.com. 2009-12-04. Retrieved 2017-02-03.