Hexagon AB Acquires ProCAM, a Distributor of Vero Software Solutions in Italy
23 April 2018
Hexagon AB, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, has acquired ProCAM Srl, an Italian distributor of CAD CAM solutions and complementary software. Founded in 1995, ProCAM is a reseller of the Edgecam and Radan solutions from the Hexagon-owned CAD CAM solution specialist Vero Software. ProCAM joins Hexagon’s Manufacturing Intelligence division and will operate within the Vero organisation.
Initially established as a dedicated reseller of Edgecam, ProCAM has expanded its offering to include Radan as well as complementary packages in the production software space. Headquartered in Padova, Italy, the company employs 15 people and supports an extended network of sub-resellers serving the wider Italian market.
“The Italian market is important to Vero and our future ambitions, so establishing a direct presence with the acquisition of ProCAM is an important step. In more than two decades of working together, ProCAM has proven to be an extremely competent reseller with deep insight into the requirements of our customers. Managing our sales channels in Italy locally rather than remotely will be a great benefit to Vero, our partners and our customers,” said Steve Sivitter, CEO of Vero Software.
ProCAM was fully consolidated as of 20 April 2018. The acquisition has no significant impact on the results of Hexagon.
Initially established as a dedicated reseller of Edgecam, ProCAM has expanded its offering to include Radan as well as complementary packages in the production software space. Headquartered in Padova, Italy, the company employs 15 people and supports an extended network of sub-resellers serving the wider Italian market.
“The Italian market is important to Vero and our future ambitions, so establishing a direct presence with the acquisition of ProCAM is an important step. In more than two decades of working together, ProCAM has proven to be an extremely competent reseller with deep insight into the requirements of our customers. Managing our sales channels in Italy locally rather than remotely will be a great benefit to Vero, our partners and our customers,” said Steve Sivitter, CEO of Vero Software.
ProCAM was fully consolidated as of 20 April 2018. The acquisition has no significant impact on the results of Hexagon.
About Hexagon
Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications.
Our technologies are shaping urban and production ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.
Hexagon’s Manufacturing Intelligence division provides solutions that utilise data from design and engineering, production and metrology to make manufacturing smarter.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.
Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications.
Our technologies are shaping urban and production ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.
Hexagon’s Manufacturing Intelligence division provides solutions that utilise data from design and engineering, production and metrology to make manufacturing smarter.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.
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