Hexagon has recently acquired all outstanding assets and intellectual property of two German companies within the vision metrology industry. The acquisitions will further enhance Hexagon's worldwide product offering in multisensor vision technology.
The background to the acquisitions is the growing demand for 3D feature recognition using optical, white light and non-contact scanning probes in the metrology industry. Customers need flexible equipment with multiple sensors for measuring a variety of features in one set up. This is a high growth area within Metrology and the targeted customer groups are found in a number of different industries such as High-tech, Medical, Electronics and Micro-machining.
The acquired assets and IPs from Mahr Multisensor GmbH gives Hexagon a complete range of optical coordinate measuring systems used for measuring in industrial applications, as well as in science and research.
Hexagon has also acquired all assets and IPs from Mycrona GmbH which is a manufacturer of state-of-the-art 3D multi-sensor coordinate measuring machines. Mycrona's product portfolio consists of a complete range of machines for the vision industry. Each product offering is available with camera, laser or white light scanning sensors as well as contact probe systems. In addition the machines already offer Hexagon's PCDMIS Vision Software, on all their products.
The acquired businesses will be integrated into Hexagon's Metrology Vision business. It will be operated with R&D and manufacturing facilities in Germany and China.
"With these acquisitions Hexagon covers all aspects of the multisensor market from fairly simple low-end systems already established via Hexagon's subsidiary Tesa to the advanced automated systems that Mahr and Mycrona represents. It also opens up the door to the nano segment of the measurement technology industry", says Ola Rollén, CEO and President of Hexagon AB.
Excluding inter-company transactions, the acquisitions will add approximately 50-70 MSEK to Hexagon's sales in 2010. The acquisitions will be fully consolidated as of 1 January 2010, and will immediately contribute to Hexagon's earnings.
Hexagon AB is a global measurement technologies company with strong market positions. Hexagon's mission is to develop and market leading technologies and services to measure in one, two or three dimensions, to position and update objects and to time processes. The group has about 8 000 employees in 35 countries and net sales of about 13 000 MSEK. Read more at www.hexagon.se.