M&A Deal Summary

Hexagon Acquires Thermopylae Sciences + Technology

On February 25, 2019, Hexagon acquired software company Thermopylae Sciences + Technology

Acquisition Highlights
  • This is Hexagon’s 28th transaction in the Software sector.
  • This is Hexagon’s 16th transaction in the United States.
  • This is Hexagon’s 2nd transaction in Virginia.

M&A Deal Summary
Date 2019-02-25
Target Thermopylae Sciences + Technology
Sector Software
Buyer(s) Hexagon
Deal Type Add-on Acquisition

Target

Thermopylae Sciences + Technology

Arlington, Virginia, United States
Thermopylae Sciences + Technology is a software provider primarily focused on the U.S. government and defence market that specialises in geospatial applications, mobile frameworks, and cloud computing for enhanced location intelligence. Thermopylae Sciences + Technology is based in Arlington, Virginia.

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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 58 of 82
Sector (Software) 28 of 38
Type (Add-on Acquisition) 55 of 77
State (Virginia) 2 of 3
Country (United States) 16 of 24
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-17 j5 International

Douglas, United Kingdom

j5 International Ltd. is a developer of operations management software for ensuring safe, efficient, and compliant operations of industrial sites. j5 International Ltd. was founded in 1998 and is based in Douglas.

Buy -
FOLLOWING 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 -
Mergr

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