Hexagon AB today announced the completion of the previously announced acquisition of MSC Software ("MSC"). Completion of the transaction was subject to regulatory approvals and other customary conditions, which have now been obtained.
The acquisition strengthens Hexagon's ability to connect the traditionally separate stages of design and production – integrating real-world data generated on the production floor with simulation data to further improve a customer's ability to reveal and correct design limitations and production problems prior to manufacturing.
MSC has over 1,200 highly-skilled professionals in 20 countries. Its strong brand and reputation in industries such as automotive, aerospace and electronics spans more than 50 years.
MSC will be a fully owned subsidiary of Hexagon and operate under the division Manufacturing Intelligence.
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