Hexagon acquires assets and technical intellectual property of MYCRONA

Hexagon AB, a Sweden-based manufacturer and supplier of measuring machines and engineering products, has acquired all the outstanding assets and technical intellectual property of MYCRONA Gesellschaft fur innovative Messtechnik mbH, a Germany-based manufacturer of state-of-the-art 3D multi-sensor coordinate measuring machines.

Following the transaction, the businesses will be integrated into Hexagon's metrology vision business. It will be operated with research and development (R&D) and manufacturing facilities in Germany and China.

Deal Type Acquisition
Sub-Category Asset Purchase
Deal Status Completed: 2009-12-10
Deal Participants

Target (Company) MYCRONA Gesellschaft fur innovative Messtechnik mbH - Assets and Technical Intellectual Property
Acquirer (Company) Hexagon AB
Vendor (Company) MYCRONA Gesellschaft fur innovative Messtechnik mbH
Deal Rationale

The acquisition will further enhance Hexagon Metrology's product offering in multisensor vision technology.