STOCKHOLM - Hexagon AB has announced the acquisition of Spring Technologies, makers of machine tool simulation and verification software. Terms of the acquisition, announced June 19, were not disclosed, but the company is expected to be fully consolidated as soon as regulatory approval has been obtained.
Headquartered in France, with offices in America, Germany, and China, Spring Technologies employs around 100 people and its integrated solutions help streamline the manufacturing process through the optimization of machine tool performance and productivity. The company will operate within Hexagon’s Manufacturing Intelligence division as part of the CAD/CAM and production software business currently led by the Vero Software brand.
Spring Technologies says it has been pioneering innovative CNC solutions for machine tools for over 30 years across a variety of manufacturing sectors including aerospace, automotive, medical, energy, and transportation. Its solutions provide native CNC code programming, CNC simulation, cutting and tool libraries, CNC program management, real-time machine monitoring, and technical content publication.
"The acquisition of Spring Technologies further strengthens our Autonomous Connected Ecosystem (ACE) strategy which will ultimately enable the smart factory," says Ola Rollén, Hexagon president and CEO. "Machining simulation is essential to connecting the physical world with the digital and achieving autonomy – both of which are prerequisites to delivering smart factory solutions."
Hexagon has approximately 18,000 employees in 50 countries and produces digital solutions that create ACE, a state where data is connected seamlessly through the convergence of the physical world with the digital. The company’s industry-specific solutions leverage domain expertise in sensor technologies, software, and data orchestration to create Smart Digital Realities that improve productivity and quality across manufacturing, infrastructure, safety, and mobility applications.
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