Hexagon to acquire MSC Software for $834 million

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2017’s acquisitions, are off to a big start. Hexagon has announced that it has entered into an agreement to acquire analysis and simulation legends, MSC Software.

Hexagon has been on a serious spending spree in the last couple of year, picking up a number of different companies, including Vero (which includes EdgeCAM, Vero’s VISI, AlphaCAM, Peps, Radan, WorkNC, SurfCAM and a few others), Forming Technology Inc (FTI), Intergraph, and Aicon 3D Systems.

These are alongside its historical strength in metrology, after it acquired the likes of Brown& Sharp, Leice Geosystems, Romer etc. The price for the acquisition is stated in the region of $834 million.
According to Hexagon, “the acquisition strengthens Hexagon’s ability to connect the traditionally separate stages of design and production – integrating real-world data generated on the production floor with simulation data to further improve a customer’s ability to reveal and correct design limitations and production problems prior to manufacturing.”

“MSC represents a game changer in our mission to deliver actionable manufacturing intelligence, taking us another step closer to realizing our smart connected factory vision in discrete manufacturing industries such as automotive and aerospace,” said Hexagon president and CEO Ola Rollén.

“We can now leverage the data our MI division is generating to improve design choices and processes upstream in the workflow.”

Rollén added that the acquisition will also open up new markets and touchpoints for MSC via its PPM division.

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This acquisition brings all of the MSC products into its portfolio, including MSC Nastran, Patran, Adams, Marc, Easy5 and more.