Hexagon acquires Australian software development company Listech
Hexagon AB, a global provider of design, measurement and visualization solutions, has acquired Listech, an Australia based software development company that offers software solutions for data processing specifically for surveying, engineering and land related industries.
Hexagon’s solutions facilitate faster, better operational decisions and help organizations save time, money and resources. Their products are used in industries including surveying, power and energy, aerospace and defense, safety and security, construction and manufacturing.
Founded in 1988, Listech also offers software solutions that streamline workflows in land management, construction and engineering projects. The LISCAD portfolio’s comprehensive set of modules offers the flexibility of meeting a specific need or delivering a complete solution, the company said. LISCAD interfaces with all major surveying, engineering and CAD systems and puts the power of the office in the field with real-time surveying and stakeout.
Currently Hexagon has over 13000 employees in more than 40 countries and net sales of about 2200 MEUR. While the acquisition is not expected to have any visible impact on Hexagon’s earnings in the short term, Hexagon AB president and CEO Ola Rollén said that Listech’s software solutions would offer customers the ability to ensure timely, high quality, profitable outcomes in their surveying and engineering projects.