Feb. 3, 2017 – Hexagon AB, a provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, is acquiring MSC Software, a provider of computer-aided engineering (CAE) solutions, including simulation software for virtual product and manufacturing process development.
The parties say the acquisition strengthens Hexagon’s 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 represents a game changer in our mission to deliver actionable manufacturing intelligence, taking us another step closer to realizing our smart connected factory vision in discrete manufacturing industries such as automotive and aerospace,” said Hexagon president and CEO Ola Rollén. “We can now leverage the data our MI division is generating to improve design choices and processes upstream in the workflow. The acquisition will also open up new markets and touchpoints for MSC via our PPM division.”