Hexagon AB Overview
Pro stress-test →Hexagon AB is a multinational industrial technology company headquartered in Stockholm, Sweden, and publicly traded on the Nasdaq Stockholm exchange, with focus on measuring technology and geospatial tools and software. The company integrates sensor, software, and autonomous technologies to enhance efficiency, productivity, quality, and safety across various industries.
Strategic Profile
Pro stress-test →Hexagon operates in Manufacturing Intelligence, Asset Lifecycle Intelligence, Geosystems, Autonomous Solutions, and Safety, Structure & Geospatial segments. The company is undergoing a major strategic transformation with a planned spin-off of Octave Intelligence as a pure-play asset-centric software business, completing in H1 2026. In September 2025, Cadence Design Systems announced it would acquire the design and engineering business of Hexagon for €2.7 billion, including MSC Software.
Competitive Landscape
Pro stress-test →Hexagon develops 'ecosystems' of software and technologies across industries including autonomous mobility, defense, manufacturing, mining, and infrastructure. The company competes with specialized players in CAD/CAM software (Dassault Systèmes, Autodesk), geospatial platforms (Esri), and industrial measurement/inspection providers. Restructuring through divestitures and Octave spin-off aims to sharpen competitive positioning in high-margin software segments.
Industry Context
Hexagon AB operates in Industrial Technology & Software.
Key facts
Founded: 1975 · Headquarters: Stockholm, Sweden · Employees: 24,500 · Revenue: $6.0B · Market cap: $31.9B