Hexagon Acquires SPRING Technologies, Makers of Machine Tool Simulation and Verification Software
STOCKHOLM, Sweden — Hexagon AB acquired SPRING Technologies, a software provider specializing in integrated solutions for optimizing the machining workflow through machine tool simulation, toolpath verification and optimization, and machine tool management
Its solutions are in use at major OEMs and suppliers worldwide, helping streamline the manufacturing process through the optimization of machine tool performance and productivity.
Its flagship portfolio, NCSIMUL, is a comprehensive suite of integrated solutions providing native CNC code programming, CNC simulation, cutting and tool libraries, CNC program management, real-time machine monitoring and technical content publication. The software is used across a variety of manufacturing sectors including aerospace, automotive, medical, energy, and transportation.
“Manufacturing must be ‘smart’ if it’s to produce the next generation of products at reduced costs. The acquisition of SPRING Technologies further strengthens our Autonomous Connected Ecosystem (ACE) strategy which will ultimately enable the smart factory,” said 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.”
Headquartered in France, with offices in America, Germany and China, SPRING Technologies employs around 100 people. 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 will be fully consolidated as soon as regulatory approval has been obtained. The acquisition has no significant impact on Hexagon’s earnings.
For more information, visit hexagon.com.