Hexagon to Acquire indurad and xtonomy to Advance Autonomous Mining

November 21, 2024

Hexagon announced it will acquire indurad, a Germany-based radar and RTLS technology company, along with its autonomous haulage subsidiary xtonomy. The deal is expected to close in late November and will bring indurad’s modular radar collision-avoidance and machine automation capabilities into Hexagon’s Autonomous Solutions division.

Buyers
Hexagon
Targets
indurad, xtonomy
Location
Germany
Transaction Type
Buyout

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