Tracked deals
13
13 tracked deals across 2021-2026.
Public Company
Industrial Services
Hexagon
Stockholm, Sweden
Hexagon is a global industrial technology company and measurement technologies leader providing metrology, reality capture, and positioning solutions that bridge the physical and digital worlds. Its technologies support productivity, quality, safety, and sustainability across industries such as aerospace, construction, manufacturing, mining, and transportation.
- Focus Areas
- Measurement technologies, Manufacturing intelligence, Digital twins
- Website
- hexagon.com
Recent pace
5
5 tracked deals announced in the last 12 months.
Deal mix
Buyout
12 buyout · 1 growth capital
Hexagon Acquisition Volume by Year
Last 6 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 13 tracked deals for Hexagon.
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October 9, 2026
- Buyer
- Hexagon AB
- Target
- Rocscience
- Seller
- TA Associates, Rocscience's founders and management
- Industry
- Software
- Location
- Ontario, Canada
- Type
- Buyout
Hexagon signed an agreement to acquire Toronto-based geotechnical and engineering analysis software provider Rocscience from TA Associates and Rocscience’s founders and management for an enterprise value of approximately $535 million. The transaction is expected to close in the fourth quarter of 2026, after which Rocscience will join Hexagon’s Radar & Monitoring Division; the companies plan to connect Rocscience’s modeling software with Hexagon’s sensor and monitoring systems.
-
August 26, 2026
- Buyer
- Hexagon
- Target
- Guidance Marine
- Industry
- Data & Analytics
- Location
- United Kingdom
- Type
- Buyout
Hexagon has agreed to acquire Guidance Marine to expand its maritime positioning portfolio with sensor technologies for relative vessel positioning near offshore platforms, wind turbines, ports, and other vessels. The deal is expected to close by the end of 2026, after which Guidance Marine will become part of Hexagon’s NovAtel Positioning Division within its Autonomous Solutions Business Area.
-
April 13, 2026
- Buyer
- Hexagon AB
- Target
- Waygate Technologies
- Seller
- Baker Hughes
- Industry
- Industrial Services
- Location
- Germany
- Type
- Buyout
Hexagon AB has signed a definitive agreement to acquire Waygate Technologies, a leading non-destructive testing (NDT) provider, from Baker Hughes in a transaction valued at approximately $1.45 billion. The deal expands Hexagon’s Manufacturing Intelligence division from surface precision measurement into internal component inspection, including computed tomography, radiography and remote visual inspection, with an expected close in the second half of 2026.
-
December 16, 2025
- Buyer
- Hexagon AB
- Target
- IconPro
- Industry
- AI & Machine Learning
- Location
- Germany
- Type
- Buyout
Hexagon AB announced the acquisition of IconPro, a German industrial AI solutions provider specializing in intelligent asset maintenance. IconPro’s Apollo software remotely monitors machine operations, conditions, and events, which Hexagon will integrate into its metrology solutions to deliver AI-driven analytics for reducing downtime and improving manufacturing productivity.
-
November 10, 2025
- Buyer
- Hexagon AB
- Target
- Inertial Sense
- Industry
- Data & Analytics
- Location
- Utah, United States
- Type
- Buyout
Hexagon AB has entered into a definitive agreement to acquire Inertial Sense, a Utah-based developer of compact tactical-grade inertial navigation systems and GNSS+INS solutions. The acquisition is expected to close in the first half of 2026, subject to regulatory approvals, and will expand Hexagon’s assured positioning, navigation, and timing capabilities for aerospace, defense, robotics, and unmanned systems.
-
- Buyer
- Hexagon
- Target
- 3D Systems' Geomagic suite of software packages, Septentrio NV
- Seller
- 3D Systems
- Industry
- IT Services
- Location
- Sweden
- Type
- Buyout
Hexagon completed its acquisition of 3D Systems’ Geomagic suite of interoperable 3D modelling software packages and acquired Septentrio NV’s GNSS technologies. The Geomagic suite is consolidated in April 2025 within Hexagon’s Manufacturing Intelligence division, while Septentrio is consolidated in March 2025 within Hexagon’s Autonomous Solutions division.
-
- Buyer
- Hexagon AB
- Target
- Voyansi
- Industry
- Engineering Services
- Location
- New York, United States
- Type
- Buyout
Hexagon AB has acquired Voyansi, an AECO-focused provider of BIM, VDC, reality capture services and BIM workflow software development. The acquisition adds BIM support and recurring revenue to Hexagon’s Geosystems/AECO portfolio and will be fully consolidated as of June 2024.
-
April 23, 2024
- Buyer
- Hexagon AB
- Target
- Xwatch Safety Solutions
- Industry
- Manufacturing
- Location
- United Kingdom
- Type
- Buyout
Hexagon AB has acquired Xwatch Safety Solutions to strengthen its digital construction safety portfolio. Xwatch provides OEM-agnostic machine control hardware and software (height control, slew control, rated capacity indication) and will be fully consolidated into Hexagon's Geosystem division; Xwatch generated ~4 MEUR revenue in 2023 and has 17 employees mainly in the United Kingdom.
-
- Buyer
- Hexagon AB
- Target
- Itus Digital
- Industry
- Cloud & SaaS
- Location
- Virginia, United States
- Type
- Buyout
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.
-
July 12, 2023
- Buyer
- Hexagon AB
- Target
- HARD-LINE
- Industry
- Industrial Services
- Location
- Ontario, Canada
- Type
- Buyout
Hexagon AB has acquired HARD-LINE, a Sudbury-based specialist in mine automation, remote-control solutions and mine production optimization. The acquisition strengthens Hexagon’s life-of-mine technology stack and expands its mining automation and safety capabilities to accelerate tele-remote operation and autonomy in mining operations.
-
January 12, 2023
- Buyer
- Hexagon AB
- Target
- Projectmates (Systemates, Inc.)
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Type
- Buyout
Hexagon AB has acquired Projectmates (Systemates, Inc.), an owner-focused, SaaS-based enterprise construction project management software provider headquartered in Dallas, Texas. The acquisition brings Projectmates into Hexagon's Geosystems division to strengthen Hexagon's construction software offering (HxGN Smart Build) for asset owners and accelerate global expansion of the platform.
-
February 25, 2022
- Buyer
- Hexagon AB
- Target
- ETQ
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Type
- Buyout
Hexagon AB acquired ETQ, a Massachusetts-based provider of SaaS quality (QMS), EHS and compliance management software, for $1.2 billion in cash on a debt- and cash-free basis. ETQ—headquartered in Burlington, Massachusetts with ~185 employees and expected 2022 revenue of ~$75M—will join Hexagon’s Manufacturing Intelligence division to accelerate Hexagon’s cloud journey and expand its quality-management capabilities across manufacturing and regulated industries.
Related Acquisition Pages
Cloud & SaaS Buyers & Acquisitions
3 tracked deals by Hexagon.
Data & Analytics Buyers & Acquisitions
2 tracked deals by Hexagon.
Industrial Services Buyers & Acquisitions
2 tracked deals by Hexagon.
AI & Machine Learning Buyers & Acquisitions
1 tracked deal by Hexagon.
Acquisitions in Massachusetts
1 tracked deal by Hexagon.
Acquisitions in New Jersey
1 tracked deal by Hexagon.
Acquisitions in New York
1 tracked deal by Hexagon.
Acquisitions in Texas
1 tracked deal by Hexagon.
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