May 1, 2017 by Manufacturing AUTOMATION
May 1, 2017 – Hexagon AB, a provider of information technologies across industrial and geospatial applications, says it has completed its acquisition of MSC Software, a U.S.-based provider of computer-aided engineering (CAE) solutions, including simulation software for virtual product and manufacturing process development.
Completion of the transaction was subject to regulatory approvals and other customary conditions, which have now been obtained.
The acquisition, according to Hexagon, will strengthen its ability to connect the traditionally separate stages of design and production – “integrating real-world data generated on the production floor with simulation data to further improve a customer’s ability to reveal and correct design limitations and production problems prior to manufacturing.”
MSC will be a fully owned subsidiary of Hexagon and operate under the Manufacturing Intelligence division.