Hexagon Acquires 3D City Modelling Pioneer GTA Geoinformatik GmbH

  Hexagon Acquires 3D City Modelling Pioneer GTA Geoinformatik GmbH

Business Wire

NACKA STRAND, Sweden -- December 03, 2012

Regulatory News:

Hexagon AB (STO:HEXAB), leading global provider of design, measurement and
visualisation solutions, has signed a definitive agreement to acquire the
business of GTA Geoinformatik GmbH, a pioneer in georeferenced virtual 3D city
models and highly efficient building reconstructions.

Founded in 1995, GTA Geoinformatik is the developer of tridicon®software,
which enables the automatic generation of high-quality, coloured 3D point
clouds. The company also specialises in uniting point cloud data with aerial
images including oblique and LiDAR images to create intelligent, navigable 3D
city models, or smart cities.

“The idea of creating a smart city has been an important part of Hexagon’s
geospatial vision to merge maps with information and real-time updates,” said
Hexagon President and CEO Ola Rollén. “Solutions such as those GTA
Geoinformatik delivers are becoming increasingly important, as they build the
foundation for industry-specific applications in areas of city development
such as security, traffic, infrastructure management, energy and emergency
response.”

GTA Geoinformatik, based in Berlin and Neubrandenburg, Germany, will be fully
consolidated as of end of November. The acquisition will not have any visible
impact on Hexagon's earnings in the short-term.

Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of design,
measurement and visualisation technologies. Our customers can design, measure
and position objects, and process and present data, to stay one step ahead of
a changing world. Hexagon’s solutions increase productivity, enhance quality
and allow for faster, better operational decisions, saving time, money and
resources. Hexagon has over 13 000 employees in more than 40 countries and net
sales of about 2 200 MEUR. Our products are used in a broad range of
industries including surveying, power and energy, aerospace and defence,
safety and security, construction and manufacturing. Learn more at
www.hexagon.com.

This information was brought to you by Cision http://www.cisionwire.com

Contact:

Mattias Stenberg
Vice President
Strategy and Communications, Hexagon AB
+46 8 601 26 27
ir@hexagon.com
or
Kristin Christensen
Vice President
Corporate Communications, Hexagon
+1 770 776 3428
media@hexagon.com
 
Press spacebar to pause and continue. Press esc to stop.