Hexagon AB, a Stockholm, Sweden-based provider of design, measurement and visualisation technologies, has acquired CAD/CAM software provider Vero Software, Cheltenham, England.
Brands in Vero Software's portfolio include Alphacam, Cabinet Vision, Edgecam, Radan, SURFCAM, VISI, and WorkNC. The company has offices in the U.K., Germany, Italy, France, Japan, U.S., Brazil, Netherlands, China, Korea, Spain and India supplying products to more than 45 countries through its wholly-owned subsidiaries and reseller network.
The acquisition strengthens Hexagon's software offerings, providing the means to close the gap of making quality data fully actionable by extending the reach of the newly-developed MMS metrology planning software to include CAD/CAM functionality, according to the company.
Vero Software will be fully consolidated as of August 2014 (closing being subject to regulatory approval) and will positively contribute to Hexagon's earnings. The company's sales for 2013 amounted to approximately 80 million EUR.
Related Glossary Terms
Science of measurement; the principles on which precision machining, quality control and inspection are based. See precision machining, measurement.