Hexagon AB Acquires Licom Systems

Hexagon AB has acquired sole ownership of Licom Systems GmbH, a German distributor of Alphacam CAM software for woodworking, metal and stone cutting. The company will operate within the Hexagon Manufacturing Intelligence division as part of Vero Software, makers of Alphacam and several other production software solutions.

Based in Aachen, Germany, Licom Systems GmbH was founded as a joint venture in 1996 with the aim of developing and marketing manufacturing support software. In 2011, the company holding shared ownership of the business became part of Vero Software, which was subsequently acquired by Hexagon in 2014. Licom Systems employs 11 people, who will continue to support the Alphacam product within a new business unit of Vero Software serving Germany and other German speaking regions of Europe. Licom Systems CEO Stephan Schneider will manage the new unit, maintaining the longstanding and successful working relationships with the wider Vero Software and Hexagon businesses.

Licom Systems GmbH was fully consolidated as of December 21, 2017. The acquisition has no significant impact on the results of Hexagon.

About Hexagon Manufacturing Intelligence

Hexagon Manufacturing Intelligence is a metrology and manufacturing solution specialist. For more information, visit HexagonMI.com.

Hexagon Manufacturing Intelligence is part of Hexagon (hexagon.com), a global provider of information technologies that drive quality and productivity across geospatial and industrial enterprise applications.

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