CAD Engineering Hexagon Acquires CAD Service to Strengthen EAM Solutions

Source: Press release Hexagon 1 min Reading Time

Related Vendors

Hexagon’s Asset Lifecycle Intelligence (ALI) division announced the acquisition of CAD Service, a developer of advanced visualisation tools used to integrate computer-aided design (CAD) drawings, BIM models, and Reality Capture data.

Hexagon provides precision technologies at any scale, including digital twins, robotics and AI solutions.(Source:  Hexagon)
Hexagon provides precision technologies at any scale, including digital twins, robotics and AI solutions.
(Source: Hexagon)

CAD Service has maintained a longstanding relationship with Hexagon, having signed a partnership agreement in 2013. The flagship solution, OpenCAD, is already an essential tool for around half of Hexagon’s EAM Software-as-a-Service (SaaS) customers. The acquisition enables Hexagon to fully integrate CAD Service’s visualisation capabilities into the broader solution set and accelerate the development roadmap.

By leveraging CAD Service’s expertise in-house, the ALI division will be able to offer more robust and comprehensive EAM solutions, addressing the evolving needs of complex industries, including manufacturing, energy, and transportation as they move to visualise and manage their assets in an increasingly 3D environment. CAD Service, headquartered in Parma, Italy, has a team of nine employees. It will be fully consolidated from today and will operate within Hexagon’s Asset Lifecycle Intelligence division.

(ID:50357311)

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Unfold for details of your consent