(Hexagon Metrology: North Kingstown, RI) -- On July 6, 2010, Hexagon AB entered into an agreement to acquire the U.S.-based software provider Intergraph Corp. The completion of the transaction was subject to certain conditions, including clearance from the relevant competent competition authorities and Committee on Foreign Investment in the United States (CFIUS). All approvals have now been obtained and other conditions reviewed. The acquisition is expected to be completed on Thursday, Oct. 28. Hexagon will pay a cash purchase price of $2.125 billion for Intergraph on a cash and debt-free basis.

Intergraph is a global provider of enterprise engineering software and geospatially powered solutions that enables customers to visualize and manage complex data. Intergraph fulfills all prerequisites that Hexagon has set for its software-driven expansion. Intergraph is headquartered in Huntsville, Alabama, and employs approximately 4,000 people in 34 countries.

 …