Hexagon Aims to Strengthen Smart Factory Position with Acquisition of Etalon
Etalon’s solutions continuously monitor and initiate compensation of machine tools, measuring machines, robots and structures to ensure the dimensional accuracy of manufactured parts.
January 8, 2019
Hexagon announces the acquisition of Etalon, a provider of equipment calibration solutions. Etalon’s solutions continuously monitor and initiate compensation of machine tools, measuring machines, robots and structures to ensure the dimensional accuracy of manufactured parts.
Founded in 2004, Etalon focuses on production and metrology technology. Its solutions are used in mechanical engineering, industrial instrumentation, automotive and aerospace technology and the research sector. Etalon’s portfolio will enhance Hexagon’s calibration solution offering and complement its on-machine measurement solution range, which now incorporates machine tool probes, software and calibration equipment, according to Hexagon.
“By joining Hexagon, Etalon gains the scale to strengthen and expand its position in equipment calibration. Moreover, the acquisition is a natural extension of Hexagon’s data-driven smart factory strategy. It is reinforcing our commitment to increase customer value through the convergence of production and metrology and greater process autonomy through machine-controlled operations,” says Hexagon President and CEO Ola Rollén.
Headquartered in Braunschweig, Germany with a global network of distribution partners, Etalon will operate within Hexagon’s Manufacturing Intelligence division. The acquisition will be consolidated and has no significant impact on Hexagon's earnings.
Sources: Press materials received from the company.
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