Hexagon AB Acquires CADS Additive GmbH

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.

Nexa3D Acquires Addifab

April 4, 2023

Manufacturing

Nexa3D has completed the acquisition of Addifab, the Copenhagen-based originator of Freeform Injection Molding, to integrate dissolvable digital tooling, resins and CAD-to-tool software into Nexa3D’s ultrafast 3D printing platform. The deal expands Nexa3D’s manufacturing capabilities and EMEA footprint (customer experience, resin manufacturing and fulfillment in Copenhagen) while adding proprietary IP and accelerating resin formulation and production initiatives.

Hexagon AB Acquires Romax Technology Limited

February 28, 2020

Software

Hexagon AB agreed to acquire Romax Technology Limited, a Nottingham-headquartered provider of CAE software and MBSE solutions for electromechanical drivetrain design and simulation. Romax will join Hexagon’s Manufacturing Intelligence division to expand Hexagon’s simulation, electrification and smart factory capabilities.

MLC CAD Systems Acquires San Diego CAD CAM Inc.

July 26, 2022

Engineering Services

MLC CAD Systems, LLC, an Austin-based provider of CAD/CAM/PLM and additive manufacturing solutions, has acquired San Diego CAD CAM Inc. The acquisition expands MLC's geographic presence and technical support capacity within the Mastercam partner network, giving San Diego CAD CAM customers access to MLC's larger technical and customer service teams.