M&A Deal Summary

Hexagon Acquires Conet Communications Unified Communications Radio Suite

On April 17, 2025, Hexagon acquired communications company Conet Communications Unified Communications Radio Suite from CONET Technologies

Acquisition Highlights
  • This is Hexagon’s 1st transaction in the Communications sector.
  • This is Hexagon’s 2nd transaction in Austria.

M&A Deal Summary

Date 2025-04-17
Target Conet Communications Unified Communications Radio Suite
Sector Communications
Buyer(s) Hexagon
Sellers(s) CONET Technologies
Deal Type Divestiture

Target

Conet Communications Unified Communications Radio Suite

Vie, Austria
Conet Communications' Unified Communications Radio Suite (UCRS) is a high-performance communication solution for control centres capable of integrating diverse channels such as Private Branch Exchange (PBX) and mobile phone networks, digital radio, business information systems, public address systems, video surveillance (CCTV), video conferencing, and satellite communication infrastructures.

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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 86 of 89
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 5 of 5
Country: Austria M&A 2 of 2
Year: 2025 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-21 CAD Service

Parma, Italy

CAD Service is a developer of advanced visualisation tools used to integrate computer-aided design (CAD) drawings, BIM models, and Reality Capture data. CAD Service is based in Parma, Italy.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-12 APEI

Toulon-sur-Allier, France

APEI owns and operates a fleet of private aircraft dedicated to aerial data acquisition, primarily within France, neighbouring European countries, and Africa. APEI was founded in 1980 and is based in Toulon-sur-Allier, France.

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Seller(S) 1

SELLER

CONET Technologies

Hennef, Germany

Category Company
Founded 1987
Sector Information Technology
Employees1,700
DESCRIPTION

CONET Technologies is an IT consulting, IT systems integration, and software development company that offers a range of services and solutions in software development, SAP consulting, IT infrastructure, and IP-based communications. CONET Technologies was founded in 1987 and is based in Hennef, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Austria M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-12 PROCON IT AG

Garching, Germany

PROCON IT AG provides business consulting, IT services and state-of-the-art solutions for SAP Business Intelligence, in-memory technologies such as SAP HANA and Java-based customized solutions. PROCON IT AG was founded in 1998 and is based in Garching, Germany.

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