Hexagon has agreed to acquire EcoSys, leading provider of project controls software, to strengthen enterprise engineering portfolio and BIM strategy

Hexagon AB, a leading global provider of information technologies that drive
productivity and quality across geospatial and industrial enterprise
applications, today announced the acquisition of EcoSys Management LLC, a
provider of best-in-class enterprise planning and project controls software.

Asset-intensive industries, such as oil and gas and construction, demand
predictability and control in order to navigate the complexities of building and
operating their facilities. Engineering, Procurement and Construction companies
(EPCs) and owner operators must be able to mitigate the risks associated with
budget overruns and schedule delays in order to optimise their return on capital
project investments.

EcoSys helps customers address the time and cost challenges of capital project
management on a global scale. Headquartered in Broomfield, Colorado, with
offices in New York City, Houston, London and Sydney, EcoSys has implemented
enterprise planning and cost control solutions for over 250 leading
organisations around the world.

The acquisition of EcoSys broadens Intergraph PP&M’s enterprise engineering
portfolio to include project controls. EcoSys EPC (Enterprise Planning &
Controls), its flagship product, is an industry leading software solution for
the project controls industry. Its easy-to-use web-based platform helps
customers implement best practices for planning and managing project portfolios,
controlling project costs, and improving project performance. Additionally, the
integration of project scheduling (4D) and cost management (5D) with Intergraph
PP&M’s 3D design and construction solutions will strengthen Hexagon’s
capabilities in the BIM (Building Information Modelling) market.

“EcoSys is a strong brand with a skilled and experienced management team and its
EcoSys EPC core software solution is a strategic fit,” said Hexagon President
and CEO Ola Rollén. “We also see opportunities for international expansion of
EcoSys software throughout Hexagon’s global footprint.”

EcoSys will be fully consolidated when customary regulatory approvals have been
obtained and will positively contribute to Hexagon’s earnings as of
consolidation. EcoSys recorded strong growth in 2014 with a turnover of
approximately 29 MUSD.
For further information please contact:
Carl Gustafsson, Investor Relations Manager, Hexagon AB,
46 8 601 26 27, ir@hexagon.com

Kristin Christensen, Chief Marketing Officer, Hexagon AB,
1 404 554 0972, media@hexagon.com
Hexagon is a leading global provider of information technologies that drive
productivity and quality across geospatial and industrial enterprise
applications. Hexagon's solutions integrate sensors, software, domain knowledge
and customer workflows into intelligent information ecosystems that deliver
actionable information. They are used in a broad range of vital industries.
Hexagon (Nasdaq Stockholm: HEXA B) has more than 15,000 employees in 46
countries and net sales of approximately 2.6bn EUR. Learn more at
www.hexagon.com.