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  5. Hexagon Acquires Blast Movement Technology

M&A Deal Summary

Hexagon Acquires Blast Movement Technology

On January 8, 2020, Hexagon acquired technology hardware company Blast Movement Technology

Acquisition Highlights
  • This is Hexagon’s 7th transaction in the Technology Hardware sector.
  • This is Hexagon’s 3rd transaction in Australia.

M&A Deal Summary
Date 2020-01-08
Target Blast Movement Technology
Sector Technology Hardware
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target

Blast Movement Technology

Sumner, Australia
Blast Movement Technology provides blast movement monitoring and analysis for open-pit mines. BMT solution works in open-pit mines, across a range of deposit types and commodities: gold, copper, lithium, iron ore, nickel, platinum, silver, uranium and zinc. Blast Movement Technology was established in 2005 and is based in Sumner, Australia.

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Buyer(S) 1

Buyer

Hexagon

Stockholm, Sweden
Category Company
Founded 1975
Sector Information Technology
Employees25,091
Revenue 5.4B EUR (2024)
DESCRIPTION

Hexagon is a provider of integrated design, measurement, and visualization technologies. Hexagon was founded in 1975 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 60 of 88
Sector: Technology Hardware M&A 7 of 11
Type: Add-on Acquisition M&A Deals 57 of 81
Country: Australia M&A 3 of 5
Year: 2020 M&A 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-22 Volume Graphics

Heidelberg, Germany

Volume Graphics GmbH is a developer of an analysis and visualization software for industrial CT data. CT software enables manufacturers to produce three-dimensional external and internal representations of scanned objects. Volume Graphics was founded in 1997 and is based in Heidelberg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-29 COWI A/S - Aerial Mapping Business

Lyngby, France

COWI's Aerial Mapping Business provides airborne surveying and spatial data processing services.

Buy -
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