Hexagon Enhances its Simulation Solutions for Smart Factories and Smart Industrial Facilities With the Acquisition of CAEfatigue
HEXAGON AB UNSP/ADR (HXGBY)
NASDAQ:AMEX Investor Relations:
investors.hexagon.com/en/financial-information/reports-and-presentations
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Source: PR Newswire
NACKA STRAND, Sweden, March 17, 2020 /PRNewswire/ -- Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the acquisition of CAEfatigue Limited, a provider of mechanical fatigue simulation solutions used to improve manufacturing product design, quality, and reliability. Manufactured products face a multitude of stresses over their lifetime that can cause fatigue and result in everything from safety problems to structural failure. For example, a vehicle's chassis needs to be able to withstand a variety of dynamic forces - such as road roughness, vehicle speed and movement type - over hundreds of thousands of kilometres of operation. Similarly, piping systems in industrial facilities need to endure dynamic changes in temperature, pressure, weight and other forces over long operational lives. Fatigue analysis of a digital twin enables manufacturers and engineers to predict in-service durability and improve quality before production starts. CAEfatigue
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