Hexagon Acquires FASys
This deal greatly strengthens the application capabilities offered by Vero Software in CAM and Hexagon Manufacturing Intelligence in the production areas of manufacturing.
Hexagon AB (Stockholm, Sweden) has completed the acquisition of FASys Industrie-EDV-Systeme GmbH (Cologne, Germany), a system integration specialist and provider of software and hardware for production-oriented tasks. FASys has an established working relationship with the Hexagon-owned CAD/CAM specialist Vero Software (Cheltenham, England) and the acquisition enhances the offering of Hexagon Manufacturing Intelligence (North Kingstown, RI) in the production areas of the manufacturing process.
Founded in 1996, FASys is a leading vendor of manufacturing software, including DIN 4000/4003-based tool and resource management, and the integration of presetting and CNC machines (DNC).
“In looking to expand our technology portfolio beyond CAM, this acquisition is a very important step,” commented Steve Sivitter, the chief executive officer at Vero Software. “Their company brings great technology and a wealth of manufacturing experience to us. We’ve been collaborating with them for some years, so it’s exciting to help the team there expand their global reach and provide our existing customers with more technology to improve productivity.”
“We are extremely pleased to be joining Hexagon,” added Michael Gottschild, the general manager at FASys. “We know we are becoming part of a company with a similar view on how to boost user productivity, reduce costs and improve quality. We will move forward together with the expertise, knowledge and resources necessary to deliver innovative solutions at an even faster pace.”