TUSCALOOSA, Ala. - Hexagon’s Manufacturing Intelligence division today announced the formation of its Production Software business, comprising Vero Software, FASys and SPRING Technologies. The move, which sees the three acquisitions adopting Hexagon’s corporate identity, reflects Hexagon’s broadening expertise in the production technology space.
Hexagon acquired Vero Software, a specialist in CAD/CAM software, in 2014 and has continued to expand and diversify its offering. The 2017 acquisition of FASys brought tooling and resource management software and shop-floor automation and integration expertise into the portfolio.
Spring Technologies, acquired in 2018, provides CNC simulation technology for G-code verification and workflow optimization. Combining components of this rich portfolio of technology, Hexagon has already utilized this expertise to develop solutions for reverse engineering and on-machine measurement.
“Over the last five years our available technology and solutions have evolved considerably from the CAD CAM heritage of Vero,” explains Steve Sivitter, CEO of the Production Software business. “We’re increasingly focused on developing product synergies that will help customers improve quality and productivity."
(The Production Software initiative follows a wood industry manunfacturing trends that combines what are known as shop floor "Manufacturing Execution Systems" - the FASys offering - with CAD/CAM design and factory operations management. A session at the 2019 Executive Briefing Conference will be devoted to Manufacturing Execution Systems, with users from American Woodmark, Monkey Bar Storage Systems, and Wisconsin Bench presenting.)
"Our technology experts from Vero, FASys and Spring have been working very closely together for some time, so operating together as a single entity is a natural step for us. We’re all excited at the prospect of what’s possible now creating innovative manufacturing intelligence solutions in the production software space.”
Norbert Hanke, President of Hexagon’s Manufacturing Intelligence division, adds: “The formation of the Production Software business complements our design and engineering and metrology businesses, enabling us to build unique solutions for our customers in manufacturing. As we develop this approach further, our experience of leveraging data from all phases of the manufacturing process will help create the Autonomous Connected Ecosystems (ACE) that will enable Smart Factories.”
About Hexagon’s Manufacturing Intelligence Division
Hexagon’s Manufacturing Intelligence division helps industrial manufacturers develop the disruptive technologies of today and the life-changing products of tomorrow. As a leading metrology and manufacturing solution specialist, our expertise in sensing, thinking and acting – the collection, analysis and active use of measurement data – gives our customers the confidence to increase production speed and accelerate productivity while enhancing product quality.
Through a network of local service centers, production facilities and commercial operations across five continents, we are shaping smart change in manufacturing to build a world where quality drives productivity. For more information, visit www.HexagonMI.com.
Hexagon is a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE). Hexagon (Nasdaq Stockholm: HEXA B) has approximately 20,000 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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