Hexagon Finalizes Dual Acquisitions of Geomagic and Septentrio NV, Boosting Manufacturing and Autonomous Capabilities

Hexagon Finalizes Dual Acquisitions of Geomagic and Septentrio NV, Boosting Manufacturing and Autonomous Capabilities

(IN BRIEF) Hexagon has successfully closed two acquisitions after fulfilling all necessary regulatory and closing requirements. The first acquisition is of the Geomagic suite from 3D Systems, which will become part of the Manufacturing Intelligence division from April 2025. This suite helps generate high-quality 3D models from various data sources, such as laser scans. The second acquisition is of Septentrio NV, a market leader in GNSS technology for navigation and autonomy, which will be integrated into the Autonomous Solutions division starting in March 2025. Hexagon also anticipates approximately 40 million euros in one-time costs related to these acquisitions and the potential divestiture of its Asset Lifecycle Intelligence division, with these expenses set to appear in the Q1 2025 interim report.

(PRESS RELEASE) STOCKHOLM, 2-Apr-2025 — /EuropaWire/ — Hexagon has today finalized the closing of two significant acquisitions, following the successful completion of all regulatory approvals and customary closing conditions. The first acquisition involves the Geomagic suite of software packages from 3D Systems, originally announced on 12 December 2024, which will be integrated into Hexagon’s Manufacturing Intelligence division starting in April 2025. These Geomagic products, which enable the creation of precise 3D models from various sources including laser scanning, add substantial value to Hexagon’s manufacturing capabilities.

In parallel, Hexagon has also completed the acquisition of Septentrio NV, first announced on 7 January 2025. Septentrio NV, a recognized leader in GNSS technology for mission-critical navigation and autonomous applications, will be incorporated into Hexagon’s Autonomous Solutions division as of March 2025.

Additionally, Hexagon expects that non-recurring items—including transaction costs, integration expenses, overlapping technology costs, and expenditures associated with the potential separation of its Asset Lifecycle Intelligence division (referred to as “NewCo”)—will total approximately 40 million euros. These costs are projected to be reflected in the first-quarter 2025 interim report.

Hexagon is the global leader in precision technologies at any scale. Our digital twins, robotics and AI solutions are transforming the industries that shape our reality.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,800 employees in 50 countries and net sales of approximately 5.4bn EUR. Learn more at hexagon.com and follow us @HexagonAB.

Media Contacts:

Tom Hull, Head of Investor Relations, Hexagon AB, +44 7442 678 437, ir@hexagon.com

Anton Heikenström, Investor Relations Manager, Hexagon AB, +46 8 601 26 26, ir@hexagon.com

SOURCE: Hexagon