Hexagon Acquires Spring Technologies
Spring Technologies will operate within Hexagon’s Manufacturing Intelligence division as part of the CAD/CAM and production software business currently led by the Vero Software brand.
Hexagon AB has acquired Spring Technologies, a software provider specializing in integrated solutions for optimizing the machining workflow through machine tool simulation, toolpath verification and optimization, and machine tool management.
“Manufacturing must be ‘smart’ if it’s to produce the next generation of products at reduced costs. The acquisition of Spring Technologies further strengthens our Autonomous Connected Ecosystem (ACE) strategy, which will ultimately enable the smart factory,” says Ola Rollén, Hexagon president and CEO. “Machining simulation is essential to connecting the physical world with the digital and achieving autonomy—both of which are prerequisites to delivering smart factory solutions.”
Headquartered in France, with offices in America, Germany and China, Spring Technologies employs around 100 people. The company will operate within Hexagon’s Manufacturing Intelligence division as part of the CAD/CAM and production software business currently led by the Vero Software brand.
