Hexagon forms production software business

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Hexagon’s Manufacturing Intelligence division 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, according to the company.

Hexagon acquired Vero Software, a specialist in CAD/CAM software, in 2014 and Fasys, a provider of tooling and resource management software, in 2017. Spring Technologies, a provider of CNC simulation technology for G-code verification and workflow optimization, was acquired in 2018.

“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,” Steve Sivitter, CEO of the production software business, said in a statement. “We’re all excited at the prospect of what’s possible now creating innovative manufacturing intelligence solutions in the production software space.”

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