Hexagon AB Acquires ProCAM, a Distributor of Vero Software Solutions in Italy
Acquisition Strengthens Local Presence for Hexagon’s CAD CAM and Production Software Business Unit
Cobham, Surrey, UK - April 23, 2018 - Hexagon AB, a leading global provider of information technologies that drive productivity and quality across geospatial and industrial enterprise applications, has acquired ProCAM Srl, an Italian distributor of CAD CAM solutions and complementary software. Founded in 1995, ProCAM is a reseller of the Edgecam and Radan solutions from the Hexagon-owned CAD CAM solution specialist Vero Software. ProCAM joins Hexagon’s Manufacturing Intelligence division and will operate within the Vero organization.
Initially established as a dedicated reseller of Edgecam, ProCAM has expanded its offering to include Radan as well as complementary packages in the production software space. Headquartered in Padova, Italy, the company employs 15 people and supports an extended network of sub-resellers serving the wider Italian market.
“The Italian market is important to Vero and our future ambitions, so establishing a direct presence with the acquisition of ProCAM is an important step. In more than two decades of working together, ProCAM has proven to be an extremely competent reseller with deep insight into the requirements of our customers. Managing our sales channels in Italy locally rather than remotely will be a great benefit to Vero, our partners and our customers,” said Steve Sivitter, CEO of Vero Software.
ProCAM was fully consolidated as of April 20, 2018. The acquisition has no significant impact on the results of Hexagon.
About Hexagon Manufacturing Intelligence
Hexagon Manufacturing Intelligence helps industrial manufacturers develop the disruptive technologies of today and the life-changing products of tomorrow. As a leading metrology and manufacturing solution specialist, our expertise in sensing, thinking and acting – the collection, analysis and active use of measurement data – gives our customers the confidence to increase production speed and accelerate productivity while enhancing product quality.
Through a network of local service centers, production facilities and commercial operations across five continents, we are shaping smart change in manufacturing to build a world where quality drives productivity. For more information, visit HexagonMI.com.
Hexagon Manufacturing Intelligence is part of Hexagon (Nasdaq Stockholm: HEXA B; hexagon.com), a leading global provider of information technologies that drive quality and productivity across geospatial and industrial enterprise applications.
Press Contact: Belinda Jones, HiTech Marketing llc, Tel: 860-399-1147, belinda.jones@hitechmarketing.com
Marketing Contact: Bridget Benedetti, Hexagon Manufacturing Intelligence, Tel: 401-886-2112, Bridget.Benedetti@hexagon.com
