Hexagon Strengthens AECO Portfolio with Acquisition of Voyansi

Hexagon Strengthens AECO Portfolio with Acquisition of Voyansi

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has acquired Voyansi, a provider specializing in BIM and VDC solutions for the AECO industry. This acquisition aims to enhance Hexagon’s offerings in reality capture and construction digitization, enabling advanced 3D modeling and improving data accuracy across project lifecycles.

(PRESS RELEASE) STOCKHOLM, 18-Jun-2024 — /EuropaWire/ — Hexagon, a prominent provider of digital reality solutions, has announced the acquisition of Voyansi, a specialist in Building Information Modelling (BIM) and Virtual Design and Construction (VDC) solutions tailored for the architecture, engineering, construction, and operations (AECO) sectors. Voyansi’s expertise spans the digital transformation of various asset types throughout their lifecycles, including data centers, hospitals, and industrial facilities. This acquisition is set to bolster Hexagon’s capabilities in reality capture and AECO solutions, integrating advanced 3D modeling and enhancing data accuracy across construction projects.

Paolo Guglielmini, President and CEO of Hexagon, emphasized that this acquisition aligns with their strategy to accelerate the digitization of the construction industry within the Hexagon Geosystems division. He highlighted that Voyansi’s addition will enable customers to enhance sustainability, efficiency, and collaboration during construction, while also improving operational effectiveness in asset management and maintenance. Voyansi, with approximately 300 employees across Argentina, the United States, and Spain, generated revenues of about €14 million in 2023, featuring a robust and expanding recurring revenue base. The acquisition is expected to be fully integrated into Hexagon by June, contributing to its ongoing growth and innovation in digital solutions for the AECO sector.

Hexagon is the global leader in digital reality solutions, combining sensor, software and autonomous technologies. We are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications.

Our technologies are shaping production and people related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,500 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 AB