The Hexagon organization is centered on precision measuring technologies, like CMM and CPS, and adding CAE software capability is an effort to emphasize “end-to-end solutions” for vertical manufacturing supply chains.

Software Deal Tied to Smart Manufacturing Strategy

Feb. 3, 2017
Hexagon AB is buying MSC Software for $834 million in a debt-free transaction that the Swedish high-tech group claimed will strengthen its “smart connected factory strategy,” supplying enterprise “solutions” to vertical manufacturing sectors.

Hexagon AB is buying MSC Software for $834 million in a debt-free transaction that the Swedish high-tech group claimed will strengthen its “smart connected factory strategy,” supplying enterprise “solutions” to vertical manufacturing sectors.

The acquisition is expected to be complete in April, and it remains subject to clearance and standard regulatory filings.

MSC will continue as an independent business unit within Hexagon’s Manufacturing Intelligence (MI) division, where the strategic emphasis is on “end-to-end solutions” for vertical manufacturing supply chains.

California-based MSC Software is best known as a developer of CAE software programs, especially including simulation software for virtual product and manufacturing process development. It has a notable presence in the automotive, aerospace, and electronics verticals, with OEMs and their component and system suppliers.

“Process-oriented solutions are essential for manufacturers, and MSC’s solutions address key design and engineering processes," according to the software developer.

Read More

American Machinist is an IndustryWeek companion site within Penton's Manufacturing & Supply Chain Group.

Popular Sponsored Recommendations

What Does Agility Look Like for Today's Auto Industry?

Dec. 4, 2023
Without modern technologies, enterprises aren't able to fully analyze the risks and respond to ongoing supply chain issues and semiconductor shortages.

Managing Supply Chain Risk in Aerospace and Defense!

Dec. 6, 2023
A&D companies need to adopt digital technologies that enable greater collaboration, active monitoring of leading risk indicators, & integration of supply chain risk factors into...

Five Ways Aerospace and Defense MRO Can Prepare for the New Normal!

Dec. 6, 2023
The right tools can help A&D suppliers track the essentials & ultimately, boost their margins. Advanced analytics can also help determine the profitability of contracts, drive...

Simulation can accelerate the ROI of digital transformation - Ebook

July 12, 2023
Using simulation in conjunction with your design software can help your business reach its productivity goals.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!