Hexagon Acquires SPRING Technologies

Hexagon AB (Stockholm, Sweden) has acquired SPRING Technologies (Montreuil, France), a software provider specializing in integrated systems for optimizing the machining workflow through machine tool simulation, toolpath verification and optimization, and machine tool management. Their solutions are in use at major OEMs and suppliers worldwide, helping streamline the manufacturing process through the optimization of machine tool performance and productivity.

“Manufacturing must be ‘smart’ if it’s to produce the next generation of products at reduced costs,” said Ola Rollén, the president and chief executive officer of Hexagon. “This acquisition further strengthens our Autonomous Connected Ecosystem (ACE) strategy that will ultimately enable the smart factory. Machining simulation is essential to connecting the physical world with the digital and achieving autonomy, both of which are prerequisites to delivering smart factory systems.”

Headquartered in France with offices in America, Germany and China, SPRING Technologies employs around 100 people and will operate within Hexagon’s Manufacturing Intelligence division as part of the CAD/CAM and production software business currently led by the Vero Software brand. SPRING Technologies will be fully consolidated as soon as regulatory approval has been obtained. This acquisition has no significant impact on Hexagon’s earnings.

hexagon.com