Hexagon completes full acquisition of ZG Technology
The transaction secures 100 percent ownership, granting unrestricted IP access and enabling a unified handheld scanning platform across its manufacturing intelligence division.
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Measurement, positioning, and autonomous technology company
hexagon.comLast updated
In short: Hexagon acquired Waygate Technologies for $1.45B, spun off its Octave unit, and advanced industrial automation with humanoid robots.
The transaction secures 100 percent ownership, granting unrestricted IP access and enabling a unified handheld scanning platform across its manufacturing intelligence division.
The EMESRT Level 9 solution autonomously intervenes during high-risk scenarios to prevent collisions, enforce safety rules, and maintain operational continuity across global mine sites.
The initiative establishes a continuous training cycle at Schaeffler’s German facility to validate AI policies before expanding robotic use cases globally.
Operating net sales reached 1,050.2 MEUR with 12% organic growth in Q2.
Hexagon acquired a 51% stake in 2021; ZG’s scanners support inspection, reverse engineering and digitization across multiple industries.
Hexagon stock shows a modest decline while investors balance a softer share performance against solid recent revenue growth and margins from the latest reported period.
The analyst raised the recommendation for the software company because the market already has exaggerated expectations of an imminent artificial intelligence disturbance.
Hexagon benefits from a successful stock market listing on Wednesday of the company Unitree/Hangzhou Yushu, in which the Swedish measurement technology company owns 1.2 percent.Based on...
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