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Hexagon

January 21, 2025

Hexagon acquires CAD Service to strengthen EAM solutions with enhanced visualisation capabilities

Hexagon’s Asset Lifecycle Intelligence (ALI) division today announced the acquisition of CAD Service. CAD Service is a developer of advanced visualisation tools used to integrate computer-aided design (CAD) drawings, BIM models, and Reality Capture data into HxGN EAM, Hexagon’s industry-leading asset management solution designed to extend asset lifecycles and improve productivity. CAD Service has maintained a longstanding relationship with Hexagon, having signed a partnership agreement in 2013. The flagship solution, OpenCAD, is already an essential tool for around half of Hexagon’s EAM

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Hexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR

Hexagon
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2025
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09
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04
Divesture advances portfolio focus, unlocks value and increases financial flexibilit Stockholm, Sweden – 4 September 2025 - Hexagon AB today announced that it has entered into a definitive agreement to sell its Design & Engineering business (“D&E”), which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market leading positions and sharpen future investment behind core business areas. Under the terms of the definitive agreement, Cadence will pay approximately 2.7bn
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Invitation to investor meeting for institutional investors and analysts

Nibe
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2025
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08
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29
On Tuesday, September 9, 2025 at 3:00 PM CET, NIBE Industrier invites institutional investors and analysts to a conference call.
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Norbert Hanke appointed interim Chief Financial Officer for Hexagon

Hexagon
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2025
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08
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29
Stockholm, Sweden – 29 August 2025 - Hexagon AB today announced that Norbert Hanke will succeed David Mills as interim Chief Financial Officer (CFO) for Hexagon with immediate effect. David’s departure is driven by personal reasons, and he will remain available to Hexagon as Financial Advisor until February 2026. A search for a new CFO is effective immediately, and the Company will update the market on this in due course. Norbert Hanke joined Hexagon in 2001, most recently serving as interim Chief Executive Officer. Prior to that he was Hexagon’s Chief Operating Officer and President of
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