Add-on Acquisition • Software

Hexagon Acquires DP Technology

On October 29, 2020, Hexagon acquired software company DP Technology

Acquisition Context
  • This is Hexagon’s 32nd transaction in the Software sector.
  • This is Hexagon’s 17th transaction in the United States.
  • This is Hexagon’s 4th transaction in California.

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M&A Deal Summary

Date October 29, 2020
Target DP Technology
Sector Software
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target Company

DP Technology

Camarillo, California, United States
DP Technology Corp. is a developer and supplier of computer-aided manufacturing (CAM) software for a full range of machine tool applications. DP Technology was founded in 1982 and is based in Camarillo, California.
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Buyer Overview 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 Context for Buyer #
Overall 65 of 89
Sector: Software 32 of 39
Type: Add-on Acquisition 61 of 82
State: California 4 of 4
Country: United States 17 of 26
Year: 2020 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-03 Tacticaware s.r.o.

Prague, Czech Republic

Tacticaware is a provider of LiDAR-based 3D surveillance software used to monitor and protect critical infrastructure and buildings from powerplants and airports to commercial and residential buildings and more. The company's flagship solution, Accur8vision, is a volumetric (entire space) detection security system offering 3D surveillance. Unlike conventional systems that typically only monitor perimeters, Accur8vision delivers situational awareness of an intruder's exact location, size, speed, and movement trajectory all of which can be visualized within a 3D digital reality of the area under surveillance. Tacticaware was formed in 2017 and is based in Prague, Czech Republic.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-04 PAS Global

Houston, Texas, United States

PAS Global LLC is a provider of software solutions for ICS cybersecurity, process safety, and asset reliability to the energy, process, and power industries worldwide. PAS solutions include industrial control system cybersecurity, automation asset management, IPL assurance, alarm management, high-performance HMI™, boundary management, and control loop performance optimization. PAS solutions are installed in over 1,100 facilities worldwide in more than 70 countries. PAS Global was founded in 1993 and is based in Houston, Texas.

Buy -