Hexagon acquires Luciad, a leading provider of 5D visualisation and analysis solutions04 October 2017
Stockholm, Sweden – Hexagon AB, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, announces the acquisition of Luciad, a Belgian-based software company specialising in the visualisation and analysis of real-time geospatial information.
Luciad’s visualisation technologies support live connections to dynamic sensor feeds in a 3D environment. The result is a 5D digital reality – real-time, rapid fusion of multi-source content and the ability to perform analytics on-the-fly. These intuitive command and control systems benefit all kinds of applications – from public safety to smart cities to defense and intelligence – enabling users to make critical decisions based on changing information in real-time.
“This acquisition strengthens Hexagon’s ability to deliver smart digital realities, enhancing our Smart M.App platform with 3D, 4D (real-time sensor feed integration) and 5D (dynamic analytics) capabilities,” said Hexagon President and CEO Ola Rollén. “The ability to rapidly integrate sensor data in a visually compelling environment provides the geospatial location intelligence and situational awareness necessary for mission critical operations.”
Luciad has over 100 highly-skilled professionals in 8 countries, with over 100,000 users of its technology globally. Luciad will be fully consolidated as of today, operating within Hexagon's Geospatial division. The company's turnover for 2016 amounted to approximately 16 MEUR.
For further information, please contact:
Maria Luthström, Investor Relations Manager, Hexagon AB, +46 8 601 26 27, email@example.com
Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1 404 554 0972, firstname.lastname@example.org
Hexagon is a leading global provider of information technology solutions that drive productivity and quality across geospatial and industrial landscapes.
Hexagon’s solutions integrate sensors, software, domain knowledge and customer workflows into intelligent information ecosystems that deliver actionable information. They are used in a broad range of vital industries.
ABOUT HEXAGON'S GEOSPATIAL DIVISION
Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications.
Our technologies are shaping urban and production ecosystems to become increasingly connected and autonomous — ensuring a scalable, sustainable future.
Hexagon's Geospatial division creates solutions that visualize location intelligence, delivering a 5D smart digital reality with insight into what was, what is, what could be, what should be, and ultimately, what will be.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 20,000 employees in 50 countries and net sales of approximately 4.3bn USD. Learn more at hexagon.com and follow us @HexagonAB.
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