On February 2nd, 2017, MSC Software signed an agreement to be acquired by Hexagon AB. The transaction is expected to be finalized within the next 3 months. We are excited to share this news with you as we believe it is in the long term best interest of MSC’ s customers and employees. Hexagon Manufacturing Intelligence’s (HMI) main businesses are in the automotive, aerospace and consumer electronics and other discrete manufacturing markets, and increasingly wants to offer end-to-end solutions in these workflows. Process-oriented solutions are essential for manufacturers, and MSC’s solutions address key design and engineering processes.
MSC’s mission continues to be a leader in simulation tools, solutions from materials to systems and related services. Our aim is to continue to deliver breakthrough value to our customers. We greatly appreciate your business and support of MSC Software, and look forward to continuing our partnership today and into the future. Please read below for answers to several "Frequently Asked Questions."
Dominic Gallello, President & CEO, MSC Software Corporation
"Frequently Asked Questions" Hexagon AB Transition
1. Who is Hexagon?
Hexagon (www.hexagon.com) is a Stockholm-based, London-headquartered technology group focused on delivering and integrating software and sensors to improve productivity across multiple verticals. With more than €3 billion in sales and 16,000 employees across the globe, Hexagon is a growing force in segments ranging from automotive to civil engineering, from oil & gas to aerospace, agriculture and surveying. Increasingly focused on software and information technologies, the Hexagon’s portfolio includes brands such as Brown & Sharpe, Intergraph, Vero and Leica Geosystems.
2. What are the primary ways this acquisition benefits MSC’s Customers and Partners?
HMI’s long term investment horizon will facilitate MSC’s long range plans for innovative new products as well as acquisition of complementary solutions that add value our customers engineering workflows.
3. Are there opportunities for synergy with other Hexagon businesses?
Hexagon operates a large portfolio of solutions for automotive, aerospace, consumer electronics and other discrete manufacturing verticals. Synergies developed over time between MSC and the rest of HMI are expected to benefit our customers.
Read the latest press release, Hexagon AB Set to Acquire MSC Software.