Acquisitions
Metrology giant Hexagon AB (Nacka Strand, Sweden) announced it will buy simulation software developer MSC Software Corp. (Newport Beach, CA) for $834 million. The acquisition is Hexagon’s largest deal since it bought Intergraph in 2010 for $2.1 billion. Acquiring MSC gives Hexagon a strong foothold in the simulation market with MSC’s portfolio of computer-aided engineering (CAE) applications. Hexagon’s plans call for MSC to run as an independent unit within the Hexagon Manufacturing Intelligence (MI) division, which focuses on automo- tive, aerospace, machinery, consumer electronics and other discrete manu- facturing markets and is increasingly fo- cused on offering end-to-end solutions in these workfl ows. Process-oriented solutions are essential for manufactur- ers, and MSC’s solutions address key design and engineering processes. “MSC represents a game-changer in our mission to deliver actionable manu- facturing intelligence, taking us another step closer to realizing our smart con- nected factory vision in discrete manu- facturing industries such as automotive and aerospace,” said Hexagon President and CEO Ola Rollén.
Deals
Spring Technologies (Cambridge, MA) announced it has added Spirt of Innovation Corp. (Missisauga, ON, Canada) as a reseller of its NCSimul software. The company’s NCSimul is a component of Spring’s Digital Work- shop offering of CAD/CAM software and services, and is engineered to simulate, verify and optimize CNC machining programs as well as manage manufacturing data. Spirit of Innovation
April 2017 |
AdvancedManufacturing.org 29
serves customers in the aerospace, defense, high technol- ogy, manufacturing and oil and gas industries. Software Update is edited by Senior Editor Patrick Waurzyniak;
pwaurzyniak@sme.org.
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