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Stock impact report

Hexagon Broadens its Smart Factory Solutions Portfolio With the Acquisition of Volume Graphics

HEXAGON AB UNSP/ADR (HXGBY) 
Company Research Source: PR Newswire
NACKA STRAND, Sweden, Nov. 22, 2019 /PRNewswire/ -- Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the signing of an agreement to acquire Volume Graphics, a market leader in the industrial computed tomography (CT) software industry.Volume Graphics brings over 20 years of experience in non-destructive inspection and testing software development. The company's high-end analysis and visualisation CT software enables manufacturers to produce three-dimensional external and internal representations of scanned objects. Using CT, they're able to "see" inside the complicated structures of components, otherwise inaccessible with traditional inspection methods. This allows hidden or hard to reach internal features to be measured and inspected for dimensional deviations and flaws without destroying the parts and compromising the integrity of the data in the process. "Volume Graphics offers an invaluable toolset for leveraging CT data across many use case Show less Read more
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