Hexagon AB, a leading global provider of design, measurement and visualisation
technologies, announced today the acquisition of Vero Software, a world leader
in Computer Aided Manufacturing (CAM) software.
Vero Software is a UK-based software company with a strong brand and proven
customer satisfaction track record. Their software aids the design and
manufacturing process with solutions for programming and controlling machine
tools, addressing the rising challenge of achieving manufacturing efficiencies
with high-quality output.
Several well-known brands in Vero Software’s portfolio include Alphacam, Cabinet
Vision, Edgecam, Radan, SURFCAM, VISI, and WorkNC. 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,” said 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
For further information please contact:
Carl Gustafsson, Investor Relations Manager, Hexagon AB,
46 8 601 26 27, firstname.lastname@example.org
Kristin Christensen, Vice President, Corporate Communications, Hexagon AB,
1 404 554 0972, email@example.com
Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of design,
measurement and visualisation technologies. Our customers can design, measure
and position objects, and process and present data, to stay one step ahead of a
changing world. Hexagon’s solutions increase productivity, enhance quality and
allow for faster, better operational decisions, saving time, money and
resources. Hexagon has more than 14,000 employees in over 40 countries and net
sales of about 2,400 MEUR. Our products are used in a broad range of industries
including surveying, power and energy, aerospace and defence, construction,
safety and security, automotive and manufacturing. Learn more at
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