Hexagon has entered into an agreement to acquire all outstanding shares of MicroSurvey Software Inc., a leading Canadian based developer of surveying and mapping software for the land surveying, construction, and forensic markets.
Headquartered in Kelowna, British Columbia, MicroSurvey currently employs 30 people. With a successful expansion of its footprint in recent years, today the company provides innovative software solutions to customers around the world.
"The acquisition of MicroSurvey notably expands Hexagon’s product offerings and software development capabilities for several of our key markets including land surveying, construction and public safety." said Ola Rollen, CEO and President of Hexagon AB. "Additionally, both MicroSurvey’s software products and Hexagon’s instrument products enjoy strong leadership positions in these markets". "The ability to offer such comprehensive, market-leading and innovative solutions will undoubtedly benefit both current and future customers of Hexagon."
Excluding inter-company sales, MicroSurvey’s turnover in 2010 amounted to approximately 2 MEUR.
For further information please contact: Mattias Stenberg, Vice president Strategy & Communications, Hexagon AB, +46 8 601 26 27, ir@hexagon.com