Hexagon acquires Luciad for real-time sensor integration
Hexagon today announced that it has acquired Luciad, a Belgian software company that makes solutions for visualizing and analyzing real-time geospatial data. Luciad was spun out of the University KU Leuven (like LMS and countless others) in 1999 as an open solution...
Quickie: Hexagon’s Q2 shows continued weakness in PPM
Hexagon just announced Q2 results that showed modest growth overall and a decent contribution from the recently acquired MSC Software. PPM continues to struggle, but CEO Ola Rollen said in the earnings material that he expects the business to return to growth towards...
Quickie: Hexagon is going places
I’m about to board a flight, so this has to be quick: Hexagon just announced that it is acquiring VIRES, a company I’ve never heard of that makes softwate to simulate development, testing and validation of driver-assisted and fully autonomous driving...
Hexagon’s Q1: PPM revenue down 11% — are we poised for an uptick?
Hexagon today reported Q1 results that showed that strength in other markets couldn’t offset continued sluggishness in oil and gas. The details: Total revenue of €778 million was up 7% as reported and up 3% in constant currencies and a comparable organizational...
MSC is now part of the Hexagon family
A quick update: Hexagon just announced that its acquisition of MSC Software is complete, since it has obtained all of the regulatory approvals it needed for the deal. Hexagon sees this as very strategic, enabling it to “connect the traditionally separate stages...
Ola Rollén indicted on insider trading unrelated to Hexagon, remains CEO
You know that this is news no company wants to release: Yesterday, Hexagon AB said that CEO Ola Rollén has been indicted by the Norwegian economic crime authority (Økokrim) on insider trading charges stemming from investments unrelated to Hexagon. The press release...
Hexagon adds MSC to its stable, for $834 million
Now we know. The sale of MSC Software has been rumored for a while but always seemed to mention financial buyers. It turns out that a strategic buyer has stepped up — and I think it’s a perfect match. First, the background: Hexagon AB, for those who...
Sallinger of PPM, another long-time PLMish CEO, steps aside
Hexagon today announced that Mattias Stenberg has taken over as President of the Process, Power & Marine (PPM) business, succeeding Gerhard Sallinger, who has been appointed Senior Vice President of Strategic Alliances for Hexagon. Mr. Sallinger, who has been with...
