NACKA STRAND, Sweden, Oct. 4, 2017 /PRNewswire/ -- Hexagon AB, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, announces the acquisition of Luciad, a Belgian-based software company specialising in the visualisation and analysis of real-time geospatial information.
Luciad's visualisation technologies support live connections to dynamic sensor feeds in a 3D environment. The result is a 5D digital reality – real-time, rapid fusion of multi-source content and the ability to perform analytics on-the-fly. These intuitive command and control systems benefit all kinds of applications – from public safety to smart cities to defense and intelligence – enabling users to make critical decisions based on changing information in real-time.
"This acquisition strengthens Hexagon's ability to deliver smart digital realities, enhancing our Smart M.App platform with 3D, 4D (real-time sensor feed integration) and 5D (dynamic analytics) capabilities," said Hexagon President and CEO Ola Rollén. "The ability to rapidly integrate sensor data in a visually compelling environment provides the geospatial location intelligence and situational awareness necessary for mission critical operations."
Luciad has over 100 highly-skilled professionals in 8 countries, with over 100,000 users of its technology globally.
Luciad will be fully consolidated as of today, operating within Hexagon's Geospatial division. The company's turnover for 2016 amounted to 16 MEUR.
For further information, please contact:
Investor Relations Manager
Chief Marketing Officer
This information was brought to you by Cision http://news.cision.com
The following files are available for download: