Hexagon Acquires Norwegian Software Company myVR
May 24, 2012
STOCKHOLM, SWEDEN-Hexagon AB, leading global provider of design, measurement and visualization technologies, has acquired all shares in the Norwegian company My Virtual Reality Software AS (myVR).
MyVR provides software that offers a solution for 2-D, 3-D and 360-degree viewing for desktop and mobile. The company has developed a patented technology platform that enables high-resolution real-time viewing of interactive maps over networks with limited bandwidth. The platform makes it possible to view large-scale models on any 3D hardware-supported client platform, including mobile phones and tablets.
"The acquisition of myVR will be of great value for Hexagon's current offerings. Everything is going mobile, including our customer offerings," says Ola Rollén, president and CEO, Hexagon AB. "In the past, the problem with displaying 3-D data on a mobile device such as a tablet has been size limitations of data transfers, and also the ability to handle the transfer in a real-time environment. myVR has a unique solution to this problem, and Hexagon will make use of its technology in all of our divisions."