M&A Deal Summary

Hexagon Acquires Rinex Technology Pty.

On October 14, 2008, Hexagon acquired technology hardware company Rinex Technology Pty.

Acquisition Highlights
  • This is Hexagon’s 2nd transaction in the Technology Hardware sector.
  • This is Hexagon’s 1st transaction in Australia.

M&A Deal Summary

Date 2008-10-14
Target Rinex Technology Pty.
Sector Technology Hardware
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target

Rinex Technology Pty.

Perth, Australia
Rinex Technology Pty. Ltd. is a developer and supplier of hardware and software for agricultural tractor and combine guidance.

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Buyer(S) 1

Buyer

Hexagon

Stockholm, Sweden

Category Company
Founded 1975
Sector Information Technology
Employees24,091
Revenue 5.4B EUR (2023)
DESCRIPTION

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


DEAL STATS #
Overall 21 of 86
Sector (Technology Hardware) 2 of 11
Type (Add-on Acquisition) 20 of 79
Country (Australia) 1 of 5
Year (2008) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-24 Serein Metrology

Shenzhen, China

Serein Metrology (Shenzhen) Co., Ltd. is a developer and producer of advanced precision measuring instruments in the micro area of the measurement technologies market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-07 Intergraph

Madison, Alabama, United States

Intergraph Corp. is a provider of spatial information management software and services. Security organizations, businesses, and governments use Intergraph's software to turn vast amounts of complex data into visual representations, allowing for faster, more effective operational decisions. Intergraph was formed in 1969 and is based in Mobile, Alabama.

Buy $2.1B