Hexagon has acquired the 3D Systems' Geomagic suite of reverse engineering, design, and inspection software portfolio to Hexagon for $123 million. The interoperable software packages are used to create high-quality 3D models from multiple sources, including laser scanning.
The Geomagic suite, which includes products such as Design X, Control X, Freeform and Wrap, is capable of automating the processing of 3D scan data to build digital models from physical objects, which can then be used to generate history-based parametric CAD models for use in product manufacturing.
The Geomagic software tools can undertake initial free-form design, modify existing CAD models, and accurately measure and inspect parts for quality control purposes when finished. The acquired capabilities will strengthen the existing software portfolio of Hexagon Manufacturing Intelligence and combine with its leadership in portable metrology sensors to deliver a sophisticated suite of solutions across the full range of manufacturing applications.
"The combination of Geomagic and our existing solutions will further strengthen our market leadership in 3D metrology and reengineering, demonstrating our commitment to deliver increasingly user-friendly tools capable of executing complex tasks, so our customers can bring innovative, high-quality products to the market at speed and with confidence. We look forward to welcoming the Geomagic team to Hexagon," said Norbert Hanke, interim President and CEO.
Hexagon will pay a purchase price of $123 million for the Geomagic software business, on a cash and debt free basis. Completion of the transaction is subject to regulatory approvals and other customary conditions, which are expected to be fully completed by early in the second quarter of 2025.
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Related Glossary Terms
- computer-aided design ( CAD)
computer-aided design ( CAD)
Product-design functions performed with the help of computers and special software.
- metrology
metrology
Science of measurement; the principles on which precision machining, quality control and inspection are based. See precision machining, measurement.
- quality assurance ( quality control)
quality assurance ( quality control)
Terms denoting a formal program for monitoring product quality. The denotations are the same, but QC typically connotes a more traditional postmachining inspection system, while QA implies a more comprehensive approach, with emphasis on “total quality,” broad quality principles, statistical process control and other statistical methods.
