Hexagon Acquires Virginia, USA-based Geospatial Apps Provider Thermopylae for $48M

Hexagon Acquires Virginia, USA-based Geospatial Apps Provider Thermopylae for $48M
0 comments, 15/04/2019, by , in Geospatial, News

SURRY, UK, Apr 15, 2019 – Hexagon AB, a global leader in digital solutions, announced the completion of the previously announced acquisition of Thermopylae Sciences and Technology.

Thermopylae is a Virginia, USA-based software provider serving both the U.S. government and private sector markets with geospatial applications, mobile frameworks and cloud computing for enhanced location intelligence. Collectively, Thermopylae’s technologies, coupled with Hexagon’s other geospatial offerings, provide location intelligence solutions to solve critical, real-world challenges at the tactical edge.

Thermopylae will operate as a part of Hexagon US Federal, a company operating under a proxy agreement within Hexagon’s Geospatial division (which is reported under the Geospatial Enterprise Solutions segment). 2018 sales amounted to 48 MUSD.

About Hexagon’s Geospatial Division

Hexagon’s Geospatial division is part of Hexagon,  a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE), where data is connected seamlessly through the convergence of the physical world with the digital, and intelligence is built into all processes. Our division creates solutions that visualize location intelligence. From the desktop to the browser to the edge, we bridge the divide between the geospatial and the operational worlds.

Hexagon is a global leader in digital solutions that create Autonomous Connected Ecosystems (ACE). Hexagon (Nasdaq Stockholm: HEXA B) has approximately 20,000 employees in 50 countries and net sales of approximately 4.3bn USD. Learn more at hexagon.com and follow us @HexagonAB.

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