Add-on Acquisition • Semiconductors

Hexagon Acquires Inertial Sense

On November 10, 2025, Hexagon acquired semiconductors company Inertial Sense

Acquisition Context

This is Hexagon’s 2nd transaction in the Semiconductors sector.
This is Hexagon’s 26th transaction in the United States.
This is Hexagon’s 1st transaction in Utah.

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M&A Deal Summary
Date	November 10, 2025
Target	Inertial Sense
Sector	Semiconductors
Buyer(s)	Hexagon
Deal Type	Add-on Acquisition

Target Company

Inertial Sense

Salem, Utah, United States

Inertial Sense designs and manufactures miniature, high-performance inertial measurement units (IMUs), inertial navigation systems (INS), and GNSS/INS sensor modules for applications in robotics, autonomous vehicles, aerospace, surveying, and defense. Inertial Sense was founded in 2013 and is headquartered in Salem, Utah.

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Buyer Overview 1

Buyer

Hexagon

Stockholm, Sweden

Category	Company
Founded	1975
Sector	Information Technology
Employees	25,091
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	88 of 89
Sector: Semiconductors	2 of 2
Type: Add-on Acquisition	81 of 82
State: Utah	1 of 1
Country: United States	26 of 26
Year: 2025	5 of 6

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2025-09-04	Hexagon - Design & Engineering Business Stockholm, Sweden Hexagon's Design & Engineering Business provides engineering simulation and analysis solutions.	Sell	€2.7B

DATE

TARGET

DEAL TYPE

VALUE

2025-09-04

Hexagon - Design & Engineering Business

Stockholm, Sweden

Hexagon's Design & Engineering Business provides engineering simulation and analysis solutions.

Sell

€2.7B

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2025-12-16	IconPro Aachen, Germany IconPro is a software company that develops AI-based analytics, machine learning, and predictive solutions tailored for industrial manufacturing environments. IconPro was founded in 2018 and is based in Aachen, Germany.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2025-12-16

IconPro

Aachen, Germany

IconPro is a software company that develops AI-based analytics, machine learning, and predictive solutions tailored for industrial manufacturing environments. IconPro was founded in 2018 and is based in Aachen, Germany.

Buy

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