Hexagon AB Acquires Itus Digital to Expand Asset Performance Management
April 4, 2024
Hexagon AB acquired Itus Digital, a Roanoke, Virginia-based provider of SaaS asset performance management (APM) software, and will consolidate it into Hexagon’s Asset Lifecycle Intelligence division. The acquisition enhances Hexagon’s HxGN EAM and APM capabilities by integrating Itus’s digital twin and predictive-maintenance platform into its product suite.
- Buyers
- Hexagon AB
- Targets
- Itus Digital
- Industry
- Cloud & SaaS
- Location
- Virginia, United States
- Transaction Type
- Buyout
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