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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