Hexagon Acquires Romax Technology
Hexagon AB announced the signing of an agreement to acquire Romax Technology Limited, a leading provider of Computer Aided Engineering (CAE) software for electromechanical drivetrain design and simulation.
A greater focus on energy efficiency and an accelerating shift towards electrification brings new engineering challenges that require increased use of simulation tools earlier in the design lifecycle. Romax Technology brings more than 30 years of experience in electromechanical simulation and multi-physics design optimization.
The cloud-enabled MBSE (model-based systems engineering) platform, Romax Nexus, provides a complete workflow for designing, simulating and delivering the next generation of energy efficient drive and power generation systems, enabling engineers to collaborate and optimize electrical and mechanical design simultaneously. By simulating the operation of the entire system - engine, gears, bearings and housings - the efficiency of automobile, aerospace and wind turbine powertrains can be optimized, and the battery range of electric vehicles can be increased.
"One of the greatest challenges of our time is the battle against climate change and the need to reduce GHG emissions. The acquisition of Romax Technology enables us to meet the growing need for electrification, providing our customers with integrated tools that empower engineering teams to develop the next generation of energy-efficient electric vehicles," said Hexagon President and CEO Ola Rollén. "Electrification is a growing trend in automotive and aerospace but also presents new opportunities for Hexagon in the development of renewable energy systems."
For more information, visit www.hexagon.com.