Hexagon Metrology recently acquired Svensk ByggnadsGeodesi AB (SBG), a Swedish manufacturer of measuring systems for construction industry and surveying applications.

The measuring systems SBG develops are multidimensional and are based on a common software structure, allowing information to be shared between the office and in-field applications. SBG employs 30 people and has an annual growth of approximately 30 percent.

“The acquisition of SBG is a vital piece in Hexagon’s growth strategy and commitment to global expansion within the measurement market segment of machine automation,” says Ola Rollén, Hexagon’s president and CEO. “SBG is the largest European software developer of three-dimensional solutions for maneuvering infrastructure machines with increased efficiency and precision.”

The worldwide market for machine automation has grown at a rate of approximately 25 percent per year in recent years, reports Hexagon.

For more information, visit http://investors.hexagon.se/index.php?p=press&s=detail&afw_lang=en&afw_id=1059488.

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