Hexagon to acquire American provider of CAE software
Sweden/US – Hexagon, a global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, has recently announced an agreement to acquire MSC Software.
The Sweden-based company acquired MSC Software, a provider of computer-aided engineering (CAE) solutions, including simulation software for virtual product and manufacturing process development.
According to Hexagon, MSC’s simulation analysis capabilities empower customers to optimise design for production, ensuring downstream productivity, product quality, and durability. The acquisition will thus strengthen 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.
“The acquisition will also open up new markets and touchpoints for MSC via our PPM division,” Ola Rollen, Hexagon’s president and CEO said.
Headquartered in Newport Beach, CA, USA, MSC has over 1,200 highly-skilled professionals in 20 countries.