June 20, 2018
Hexagon AB reports the acquisition of SPRING Technologies, a software provider specializing in integrated solutions for optimizing the machining workflow through machine tool simulation, toolpath verification and optimization, and machine tool management.
SPRING Technologies has generated computer numerical control (CNC) solutions for machine tools for over 30 years. Its flagship portfolio, NCSIMUL, is a suite of integrated solutions providing native CNC code programming, CNC simulation, cutting and tool libraries, CNC program management, real-time machine monitoring and technical content publication. Together, they enable mastery of the machining process across a variety of manufacturing sectors including aerospace, automotive, medical, energy and transportation.
“Manufacturing must be ‘smart’ if it’s to produce the next generation of products at reduced costs. The acquisition of SPRING Technologies further strengthens our Autonomous Connected Ecosystem (ACE) strategy which will ultimately enable the smart factory,” says Ola Rollén, Hexagon president and CEO. “Machining simulation is essential to connecting the physical world with the digital and achieving autonomy – both of which are prerequisites to delivering smart factory solutions.”
Headquartered in France, with offices in America, Germany and China, SPRING Technologies employs around 100 people. The company will operate within Hexagon’s Manufacturing Intelligence division as part of the CAD/CAM and production software business currently led by the Vero Software brand.
SPRING Technologies will be fully consolidated as soon as regulatory approval has been obtained. The acquisition has no significant impact on Hexagon’s earnings.
Sources: Press materials received from the company.
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