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Hexagon Acquires MicroSurvey, a Canadian Surveying Software Developer

MicroSurvey provides software for surveying, construction, and forensic markets

Hexagon Manufacturing Intelligence
Thu, 01/19/2012 - 16:35
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(Hexagon: Cobham, UK) -- Hexagon has entered into an agreement to acquire all outstanding shares of MicroSurvey Software Inc., a leading Canadian-based developer of surveying and mapping software for the land surveying, construction, and forensic markets.

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Headquartered in Kelowna, British Columbia, MicroSurvey currently employs 30 people. With a successful expansion of its footprint in recent years, today the company provides innovative software solutions to customers around the world.

“The acquisition of MicroSurvey notably expands Hexagon’s product offerings and software development capabilities for several of our key markets, including land surveying, construction, and public safety,” says Ola Rollen, CEO and president of Hexagon AB. “Additionally, both MicroSurvey’s software products and Hexagon’s instrument products enjoy strong leadership positions in these markets. The ability to offer such comprehensive, market-leading, and innovative solutions will undoubtedly benefit both current and future customers of Hexagon.”

Excluding intercompany sales, MicroSurvey’s turnover in 2010 amounted to approximately 2 million euro ($2.6 million).

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