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2014-07-21

Hexagon: Hexagon acquires Vero Software

Hexagon AB, a leading global provider of design, measurement and
visualisation technologies, announced today the acquisition of Vero
Software, a world leader in Computer Aided Manufacturing (CAM)
software.

Vero Software is a UK-based software company with a strong brand and
proven customer satisfaction track record. Their software aids the
design and manufacturing process with solutions for programming and
controlling machine tools, addressing the rising challenge of
achieving manufacturing efficiencies with high-quality output.

Several well-known brands in Vero Software's portfolio include
Alphacam, Cabinet Vision, Edgecam, Radan, SURFCAM, VISI, and WorkNC.
The company has large market coverage with offices in the UK,
Germany, Italy, France, Japan, USA, Brazil, Netherlands, China,
Korea, Spain and India supplying products to more than 45 countries
through its wholly owned subsidiaries and reseller network.

The acquisition strengthens Hexagon's software offerings, providing
the means to close the gap of making quality data fully actionable by
extending the reach of the newly developed MMS (metrology planning
software) to include CAM (manufacturing planning software).

"Together with its unique suite of manufacturing software solutions,
Vero Software has the expertise, knowledge and resources to deliver
even higher levels of productivity to our customers," said Hexagon
President and CEO Ola Rollén. "Leveraging our global footprint, the
synergies from our combined technologies will advance our strategy,
supporting the growing need to integrate all data and processes
across the manufacturing lifecycle."

Vero Software will be fully consolidated as of August 2014 (closing
being subject to regulatory approval) and will positively contribute
to Hexagon's earnings. The company's turnover for 2013 amounted to
approximately 80 million EUR.

For further information please contact:
Carl Gustafsson, Investor Relations Manager, Hexagon AB,
46 8 601 26 27, ir@hexagon.com

Kristin Christensen, Vice President, Corporate Communications, Hexagon
AB,

1 404 554 0972, media@hexagon.com
Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of
design, measurement and visualisation technologies. Our customers can
design, measure and position objects, and process and present data,
to stay one step ahead of a changing world. Hexagon's solutions
increase productivity, enhance quality and allow for faster, better
operational decisions, saving time, money and resources. Hexagon has
more than 14,000 employees in over 40 countries and net sales of
about 2,400 MEUR. Our products are used in a broad range of
industries including surveying, power and energy, aerospace and
defence, construction, safety and security, automotive and
manufacturing. Learn more at www.hexagon.com.

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http://news.cision.com/hexagon/r/hexagon-acquires-vero-software,c9619016
http://mb.cision.com/Main/387/9619016/268590.pdf

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