Hexagon Strengthens HxGN Content Program With Acquisition of COWI's Mapping Business

NACKA STRAND, Sweden, Jan. 29, 2020 — (PRNewswire) — Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the signing of an agreement to acquire COWI's aerial mapping business. COWI is a leading international consulting group within engineering, economics and environmental sciences with a mapping business that serves as Europe's largest provider of airborne surveying and spatial data processing and key partner of the HxGN Content Program.

Bringing valuable expertise in capturing and selling Content as a Service (CaaS), COWI's mapping unit has been delivering HxGN Content Program services in Europe since 2015. With approximately 400 specialists worldwide, the business provides public administrators, government organisations, infrastructure project stakeholders, utility companies and global internet companies access to the most relevant geospatial data during their planning processes.

"The acquisition of COWI's mapping business is a logical next step to accelerate and strengthen the HxGN Content Program in Europe," says Hexagon President and CEO Ola Rollén. "Along with the previous acquisitions of North West Geomatics, SigmaSpace, Melown Technologies, and Thermopylae Sciences and Technologies, this acquisition accelerates Hexagon's mission to provide customers with access to the largest on-demand library of professional-grade and quality controlled geospatial data for applications such as asset management, public safety, utility mapping, insurance claims, and more."

COWI's mapping business will operate within the geospatial content solutions unit of Hexagon's Geosystems division. The acquisition is expected to be completed during the second quarter 2020, subject to regulatory approvals. 2019 sales, less intra-group sales, amounted to 14 MEUR.

For further information, please contact:
Maria Luthström, Head of Investor Relations, Hexagon AB, +46-8-601-26-27, ir@hexagon.com
Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1-404-554-0972, media@hexagon.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-strengthens-hxgn-content-program-with-acquisition-of-cowi-s-mapping-business,c3021203

The following files are available for download:

Cision View original content: http://www.prnewswire.com/news-releases/hexagon-strengthens-hxgn-content-program-with-acquisition-of-cowis-mapping-business-300995129.html

SOURCE Hexagon

Contact:
Company Name: Hexagon
Financial data for Hexagon

Featured Video
Jobs
Sr. Silicon Design Engineer for AMD at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Upcoming Events
Phil Kaufman Award Ceremony and Banquet to be held November 6 at Hayes Mansion at Hayes Mansion 200 Edenvale Ave San Jose CA - Nov 6, 2024
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise