- Business
- Hexagon AB (publ) is a multinational industrial technology company headquartered in Stockholm, Sweden, providing geospatial and industrial enterprise solutions globally. The company operates through several divisions offering a broad range of products and services including manufacturing intelligence with 3D design, visualization, analysis, and machine control technologies; asset lifecycle intelligence with enterprise asset management, operation and maintenance, procurement, and construction services; autonomy and positioning technologies featuring GNSS/INS receivers, SMART antennas, anti-jam systems, and autonomy kits; and geosystems products encompassing 3D surveillance, laser scanning, total stations, airborne systems, geospatial software, and mobile mapping solutions. Hexagon serves diverse industries such as agriculture, automotive, aerospace, construction, mining, and defense, supported by a workforce of approximately 24,000 employees in around 50 countries. Founded in 1992, Hexagon has grown significantly through over 170 acquisitions, including the recent purchases of 3D Systems’ Geomagic suite for 3D modeling software and Septentrio NV, a manufacturer of GPS/GNSS positioning technology, which bolster its offerings in measurement and autonomy technologies.
In the last two years, Hexagon has undergone notable operational and strategic changes including the launch of a Robotics division producing AEON, an industrial humanoid robot designed to address labor shortages and enhance operational autonomy across sectors like manufacturing and logistics. The company announced leadership transitions with Anders Svensson appointed CEO in mid-2025 after Paolo Guglielmini’s departure and the interim CEO tenure of Norbert Hanke. Hexagon also initiated a strategic divestiture of its Design and Engineering business to Cadence Design Systems for approximately €2.7 billion designed to sharpen its focus on core competencies in precision measurement, positioning, and autonomous solutions. Furthermore, Hexagon is exploring a possible structural split into two entities to differentiate its industrial software and sensor/robotic technology businesses. The company has also launched new product offerings and pursued a cost-efficiency program targeting significant savings by 2026. These strategic initiatives support Hexagon’s leadership in the information technology and sensor solutions market, driving productivity and automation across multiple industries worldwide.