Hexagon completes acquisition of Septentrio
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Hexagon in Sweden has completed the acquisition of Belgian positioning system maker Septentrio announced in January.
The combined portfolios will accelerate the adoption of autonomous systems in existing markets and address emerging areas such as robotics and UAVs.
Septentrio, headquartered in Leuven, Belgium, will continue its business model of supplying state-of-the-art GNSS technology to its large base of OEM (original equipment manufacturer) customers, says Hexagon, which is a €5bn engineering conglomerate.
The modules will also be used for other brands in the Autonomous Solutions division which include NovAtel, Veripos, Antcom, and AutonomouStuff.
“Combining Hexagon’s extensive positioning portfolio with Septentrio’s innovative GNSS platforms will provide our customers with cutting-edge solutions, enabling autonomy and mission-critical applications for diverse markets,” said Gordon Dale, President of Hexagon’s. “This strategic step allows us to push boundaries to deliver technology and products with the lowest SWaP, putting Hexagon at the forefront of the industry.”
“We are excited to join Hexagon to leverage our combined strengths and deliver greater value to our customers, employees and stakeholders,” said Antoon De Proft, CEO of Septentrio, which had a turnover of €50m in 2024.
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