Hexagon AB Acquires Romax Technology Limited

Hexagon Acquires CAD Service

January 21, 2025

Software

Hexagon's Asset Lifecycle Intelligence division has acquired Parma-based CAD Service to fully integrate its OpenCAD visualisation tools into HxGN EAM. CAD Service, which has a nine-person team and a longstanding partnership with Hexagon, will be consolidated into Hexagon to accelerate development of enhanced 3D visualisation capabilities for customers in manufacturing, energy, and transportation.

EXCEL Management Systems Acquires The Romack Group

March 2, 2024

Staffing & HR

EXCEL Management Systems, Inc., a minority‑owned IT solutions firm based in Columbus, Ohio, has acquired The Romack Group, a Dallas‑based provider of staffing, employer-of-record (EOR), and IT security staffing services. The deal was facilitated by Benchmark International and is intended to expand EXCEL's service capabilities and client relationships in staffing and EOR services.

Hexagon AB Acquires CADS Additive GmbH

July 5, 2023

Software

Hexagon AB has completed the acquisition of CADS Additive GmbH, an Austrian provider of software for metal additive manufacturing build preparation. The purchase expands Hexagon's additive manufacturing software capabilities by integrating CADS Additive's AM Studio build-preparation and support-structure tools into Hexagon's Nexus-enabled AM workflow and Simufact Additive simulation offerings.

Hexagon Completes Acquisitions of 3D Systems’ Geomagic Suite and Septentrio NV

April 2, 2025

IT Services

Hexagon completed its acquisition of 3D Systems’ Geomagic suite of interoperable 3D modelling software packages and acquired Septentrio NV’s GNSS technologies. The Geomagic suite is consolidated in April 2025 within Hexagon’s Manufacturing Intelligence division, while Septentrio is consolidated in March 2025 within Hexagon’s Autonomous Solutions division.

Cadence to Acquire Hexagon's Design & Engineering Business (MSC Software)

February 26, 2026

AI & Machine Learning

Cadence (NASDAQ: CDNS) entered into a definitive agreement to acquire Hexagon AB’s Design & Engineering (D&E) business, including MSC Software, for approximately €2.7 billion. The deal is intended to strengthen Cadence’s Intelligent System Design and system analysis portfolio with Hexagon’s multiphysics simulation technologies such as MSC Nastran and Adams.

Google Acquires Raxium

May 8, 2022

Manufacturing

Google has acquired Raxium, a Fremont, California-based innovator in single-panel MicroLED display technologies. The Raxium team will join Google's Devices & Services division to bolster the company's hardware efforts and accelerate AR/VR display development.