Design group Hexagon buys Vero Software to upgrade CAM capabilities

EUROPEAN PLASTICS NEWS

Published: July 22, 2014 9:51 am ET
Updated: July 22, 2014 9:54 am ET

Image By: Hexagon AB Vero Software's programs are used to help develop new products.

Related to this story

Topics Design, Process Controls & Software

Stockholm-based Hexagon AB, a design technology company, has announced its acquisition of Vero Software, a leader in computer aided manufacturing (CAM) software. 

Vero’s software aids the design and manufacturing process with solutions for programming and controlling machine tools. The company is based in Cheltenham, England.

 The acquisition strengthens Hexagon’s software offerings, says the company, providing them the means to close the gap of making quality data fully actionable by extending the reach of its newly developed MMS (metrology planning software) to include CAM.

 “Together with its unique suite of manufacturing software solutions, Vero Software has the expertise, knowledge and resources to deliver even higher levels of productivity to our customers,” said Hexagon President and CEO Ola Rollén. 

 “Leveraging our global footprint, the synergies from our combined technologies will advance our strategy, supporting the growing need to integrate all data and processes across the manufacturing lifecycle,” said Rollén. 

 Vero had about 80 million euros ($107.7 million) in sales for 2013.

 Hexagon employs more than 14 000 people in over 40 countries and had net sales of about 2.4 billion euros ($3.2 billion) in 2013.


Comments

Design group Hexagon buys Vero Software to upgrade CAM capabilities

EUROPEAN PLASTICS NEWS

Published: July 22, 2014 9:51 am ET
Updated: July 22, 2014 9:54 am ET

Post Your Comments


Back to story


More stories

Image

3D Systems buying Cimatron

November 24, 2014 1:46 pm ET

3D Systems Corp. is buying Cimatron Ltd., an Israel-based company that makes integrated computer-assisted design and manufacturing software, for $97...    More

Image

Inspection system eyes carbon fiber automotive production

November 19, 2014 9:00 am ET

Pixargus GmbH, the company that created GoalControl, a 14-camera inspection system used to detect if a ball crossed the goal line at the World Cup...    More

Image

Venture capital firm buys stake in Ximedica

November 17, 2014 3:32 pm ET

International venture capital firm SV Life Sciences has acquired a majority stake in Providence, R.I.-based medical device company Ximedica LLC.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events