January 8, 2019
Hexagon Manufacturing Intelligence division announced the formation of its Production Software business, comprising Vero Software, FASys and SPRING Technologies. The move involves the three acquisitions adopting Hexagon’s corporate identity.
Hexagon acquired Vero Software, a specialist in CAD CAM software, in 2014 and has continued to expand and diversify its offering. The 2017 acquisition of FASys brought tooling and resource management software and shop-floor automation and integration expertise into the portfolio. SPRING Technologies, acquired in 2018, provides CNC simulation technology for G-code verification and workflow optimisation. Combining components of this portfolio of technology, Hexagon has used this expertise to develop solutions for reverse engineering and on-machine measurement.
“Over the last five years our available technology and solutions have evolved considerably from the CAD CAM heritage of Vero,” explains Steve Sivitter, CEO of the Production Software business. “We’re increasingly focused on developing product synergies that will help customers improve quality and productivity. Our technology experts from Vero, FASys and SPRING have been working very closely together for some time, so operating together as a single entity is a natural step for us. We’re all excited at the prospect of what’s possible now creating innovative manufacturing intelligence solutions in the production software space.”
“The formation of the Production Software business complements our design and engineering and metrology businesses, enabling us to build unique solutions for our customers in manufacturing,” says Norbert Hanke, president of Hexagon’s Manufacturing Intelligence division, adds. “As we develop this approach further, our experience of leveraging data from all phases of the manufacturing process will help create the Autonomous Connected Ecosystems (ACE) that will enable Smart Factories.”
Sources: Press materials received from the company.
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