Hexagon Acquires Vero Software

Hexagon AB has acquired Vero Software.

Hexagon AB has acquired Vero Software. The company has large market coverage with offices in the UK, Germany, Italy, France, Japan, USA, Brazil, Netherlands, China, Korea, Spain and India supplying products to more than 45 countries through its wholly owned subsidiaries and reseller network.

The acquisition strengthens Hexagon’s software offerings, providing the means to close the gap of making quality data fully actionable by extending the reach of the newly developed MMS (metrology planning software) to include CAM (manufacturing planning software).

“Together, with its unique suite of manufacturing software solutions, Vero Software has the expertise, knowledge and resources to deliver even higher levels of productivity to our customers,” says Hexagon President and CEO Ola Rollén. “Leveraging our global footprint, the synergies from our combined technologies will advance our strategy, supporting the growing need to integrate all data and processes across the manufacturing lifecycle.”

Vero Software will be fully consolidated as of August 2014 (closing being subject to regulatory approval) and will positively contribute to Hexagon's earnings. The company's turnover for 2013 amounted to approximately 80 million EUR.