Hexagon purchases German VIRES to accelerate its simulation portfolio and autonomous X strategy.

Sweden 15 May 2017
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Hexagon, a Stockholm, Sweden-based leading global provider of information technology solutions, announced the acquisition of VIRES, a German-based, leading provider of simulation software solutions that support the development, testing and validation of driver-assisted and fully autonomous driving technology.

Hexagon is a publicly-listed company, provider of information technology solutions that drive productivity and quality across geospatial and industrial landscapes. Hexagon’s solutions integrate sensors, software, domain knowledge and customer workflows into intelligent information ecosystems that deliver actionable information. They are used in a broad range of vital industries.

VIRES’s proven simulation solutions have been recognised for their robustness, performance and ease of building simulation environments for over 20 years. Their worldwide customer list spans prominent automotive OEMs and suppliers as well as recent entrants to the automotive market to companies in the railway and aerospace industries and elite universities involved in shaping the future of mobility.

The company’s core product, VIRES Virtual Test Drive (VTD), supports a wide range of additional tools and services. As a main contributor to the industrial consortia behind interoperability standards, VIRES is a driving force in automotive simulator technology.

VIRES will be fully consolidated within Hexagon.

Total investments received (USD): N/A

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