Hexagon

January 8, 2020

Hexagon strengthens its Smart Mine solutions portfolio with the acquisition of Blast Movement Technology (BMT)

Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the acquisition of BMT, a pioneer in blast movement monitoring and analysis for open pit mines. BMT’s technologies complement Hexagon’s drill and blast solutions with accurate ore location information, enabling customers to extract greater profit from every blast. The ability to accurately track blast movement is a huge benefit for mines striving to be smarter and more sustainable. It’s a highly variable process that can cost mines millions of dollars in lost revenue per year from ore loss – where

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Hexagon announces organisational updates and further details around the potential spin-off of Octave

Hexagon
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2025
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09
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15
STOCKHOLM, SWEDEN, 15 SEPTEMBER 2025 · Ben Maslen and Tony Zana to be appointed to the Octave executive team as Chief Financial Officer and Chief Legal Officer & Corporate Secretary, respectively · Andreas Wenzel and Thomas De Muynck to be appointed to the Hexagon executive team, as Chief Strategy Officer and Chief Legal Officer, respectively · Board confirms duration of anticipated Octave Swedish Depository Receipt programme · Plans to amend Hexagon AB divisional financial disclosures to present Octave as one entity from the third quarter of 2025 Leadership appointments The
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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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