Hexagon Acquires Voyansi to Enhance AECO BIM and VDC Capabilities

Hexagon Acquires CAD Service

January 21, 2025

Software

Hexagon's Asset Lifecycle Intelligence division has acquired Parma-based CAD Service to fully integrate its OpenCAD visualisation tools into HxGN EAM. CAD Service, which has a nine-person team and a longstanding partnership with Hexagon, will be consolidated into Hexagon to accelerate development of enhanced 3D visualisation capabilities for customers in manufacturing, energy, and transportation.

Cadence Acquires Hexagon's Design & Engineering Business

February 26, 2026

Software

Cadence Design Systems completed the acquisition of Hexagon AB's Design & Engineering (D&E) business for approximately €2.7 billion in cash and Cadence common stock. Hexagon received ~3.2 million Cadence shares (about 30% of consideration) with the remainder in cash; the D&E business contributed roughly €265 million of revenue in 2024 and the sale is expected to produce a ~€1.4 billion gain for Hexagon. The deal expands Cadence's capabilities in physical AI, multiphysics and system-level design and analysis.

Hexagon Acquires 3D Systems' Geomagic Suite and Septentrio NV

April 2, 2025

Manufacturing

Hexagon AB has completed two acquisitions: the Geomagic software suite from 3D Systems and GNSS specialist Septentrio NV. Geomagic will operate within Hexagon’s Manufacturing Intelligence division while Septentrio will be consolidated into Hexagon’s Autonomous Solutions division; the transactions closed following regulatory approvals and are expected to generate one-off integration and separation costs of ~40 MEUR.

Hexure Acquires Vive

September 25, 2023

Insurance

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, has acquired Vive, a quote-and-e-submission platform for term life insurance. The deal combines Hexure's quoting and e-application capabilities with Vive's multi-carrier distribution network (used by more than 20,000 advisors and 55+ BGAs) to create a unified platform for life and annuity distribution.

Symetri Acquires Team D3

June 1, 2023

IT Services

Symetri has signed an agreement to acquire Team D3, a US-based Autodesk Platinum Partner that provides BIM, CAD and lifecycle solutions to manufacturing, power & process, and AECO customers. The acquisition—bringing Team D3's 200+ employees, $120M in combined revenue across its brands and 5,000+ customers—strengthens Symetri's US presence and expands its capabilities in manufacturing, power & process and AECO markets.

Hexagon AB Acquires Qognify from Battery Ventures

December 19, 2022

Software

Hexagon AB has agreed to acquire Qognify, a provider of physical-security and incident-management software, from Battery Ventures. Terms were not disclosed and the deal remains subject to customary regulatory review; Hexagon plans to integrate Qognify into its public safety suite to expand capabilities in video surveillance and incident response.