Hexagon Acquires Catavolt

Hexagon has announced the acquisition of Catavolt, a US-based mobile app platform provider. Catavolt, founded in 2009 with headquarters in Atlanta, GA, offers an end-to-end platform for mobile application development and delivery, secure cloud orchestration and edge computing (real-time).

Catavolt’s team are skilled in cloud and mobile technologies as well as enterprise software solutions – all fundamental to furthering Hexagon’s SMART X strategy. Systems built around an information network with connectivity at the core, serving up data in the most intelligent and visually meaningful way.

Edge computing, or edge data-processing and analytics, accelerates response times by analyzing streaming data at the source, in real-time, vs transferring it to the cloud first. This is especially important in time critical scenarios like smart traffic systems and autonomous vehicles.

Catavolt’s expertise will enable Hexagon to advance its digital transformation platform, HxGN SMART Convergence, which orchestrates connectivity (IoT), intelligence (AI) and visualisation (VR/AR/MR) technologies according to industry-specific needs and user-specific workflows. The platform is managed by Hexagon’s Innovation Hub, a central R&D unit that develops enabling technologies for leverage by all of Hexagon’s divisions. This ensures platform development is based on standard protocols and easily customisable for different industry use cases.

Catavolt’s patented, cloud technology is fully open and runs on any cloud. Currently deployed across AWS, Rackspace and Microsoft Azure, the robust and mature platform supports more than 3,000 client applications today.

Catavolt will be fully consolidated as of today. The acquisition has no significant impact on Hexagon’s earnings.

About Hexagon

Hexagon is a global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications. Hexagon’s solutions integrate sensors, software, domain knowledge and customer workflows into intelligent information ecosystems that deliver actionable information. Hexagon (Nasdaq Stockholm: HEXA B) has more than 15,000 employees in 46 countries and net sales of approximately 2.6bn EUR.

Learn more at www.hexagon.com.

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