Volume Graphics becomes part of Hexagon's Manufacturing Intelligence strategy

Hexagon AB, a global leader in sensor, software and autonomous solutions, announced today the signing of an agreement to acquire Volume Graphics, a market leader in the industrial computed tomography (CT) software industry.

Hexagon is unique in its breadth and depth of sensor, software and autonomous technologies. The company is putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety, and mobility applications. Their technologies are shaping urban and production ecosystems to become increasingly connected and autonomous—ensuring a scalable, sustainable future.

Volume Graphics is a market leader in CT software solutions and brings over 20 years of experience in developing software for non-destructive inspection and testing. The company's high-end analysis and visualization CT software enables manufacturers to produce three-dimensional external and internal representations of scanned objects. Today, a broad range of global customers from the automotive, aerospace, and electronics industries use Volume Graphics software for quality assurance. Founded in 1997 and headquartered in Heidelberg, Germany, Volume Graphics employs around 160 people worldwide. Subsidiaries in Japan, Singapore, China and the USA, supplemented by an extensive reseller network, deliver its software to customers in more than 50 countries.

"By joining Hexagon, Volume Graphics becomes an essential part of the overall manufacturing intelligence of our customers—all while continuing to act as an independent, neutral player in the CT market. Together with Hexagon, we empower our global customers to benefit from an even broader range of software solutions to secure the highest product quality, from product development to production," says Christof Reinhart, CEO of Volume Graphics.

Volume Graphics will operate as part of Hexagon's Manufacturing Intelligence division. Completion of the transaction (closing) is subject to regulatory approvals. 2018 sales amounted to 25 MEUR.