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's Geospatial division helps you make sense of the dynamically changing world. Known globally as a maker of leading-edge technology, we enable our customers to easily transform their data into actionable information, shortening the lifecycle from the moment of change to action. Hexagon's Geospatial division provides the software products and platforms to a large variety of customers through direct sales, channel partners, and Hexagon businesses.
Hexagon is a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE). Hexagon (Nasdaq Stockholm: HEXA B) has approximately 18,000 employees in 50 countries and net sales of approximately 3.5bn EUR. Learn more at hexagon.com and follow us @HexagonAB.
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