News
September 3, 2007
CogniTens Acquired by Hexagon, Global Metrology Market Leader, Joins Largest Industrial Measurement Group
CogniTens, a leading provider of shop floor integrated dimensional measurement solutions, announced today that it has been acquired by Hexagon, the world's largest measurement company for industrial and construction applications. CogniTens joins the Hexagon Metrology group consisting of technology diverse industry acclaimed measurement systems brands such as Brown & Sharp, DEA, Leica Geosystems, Sheffield, Romer, PC-DMIS and others.
As part of Hexagon Metrology group, CogniTens will continue its tradition of developing and introducing new products, closely supporting customer's implementations and providing added value services for the benefit of its global customer base. Existing and new CogniTens customers will enjoy the enhanced support of the globally spread Hexagon network with presence in close to 100 countries.
With over 50 of the world's leading Automotive OEMs and suppliers already using CogniTens solutions in their engineering and manufacturing operations, there is a growing market demand for full 3D non contact measurement of large parts, assemblies and tools directly in the industrial shop floor environment. CogniTens unique technology and continuous product innovations positioned it as a metrology segment leader, which is widely acknowledged by industry professionals, analysts and now by the world's largest dimensional metrology company.
"The acquisition of CogniTens is an opportunity for Hexagon to acquire an exciting new technology in the high speed, non contact, shop floor measurement and scanning segment of the metrology market. This addition in technology and market proven products will enable Hexagon to position itself in all segments of the rapidly growing non contact sheet metal market combining CogniTens 3D measurement products with the laser tracker technologies from Leica Geosystems and the articulated arms technologies from Romer", says Ola Rollén, CEO and President of Hexagon AB.
"We are excited to join the world's premier metrology group and believe our customers will benefit from combining CogniTens innovative technology and products with Hexagon's ability to deliver broad solution offerings on a global scale", says Ofer Sandelson, President and CEO of CogniTens Ltd.
About Hexagon AB.
Hexagon is a global technology group with strong market positions within measurement technologies and polymers. The group has about 8 200 employees in 30 countries and net sales of about 14 000 MSEK. The Group is organized in two business areas: Hexagon Measurement Technologies & Hexagon Polymers. Hexagon's vision is to be a market leader, ranking number one or number two, in each strategic business in order to generate growth and shareholder value. Hexagon's business concept is to operate businesses on a global basis that develop and market leading engineering technology products and services within measurement technologies and polymers.
For more information please visit: http://www.hexagon.se
About Hexagon MetrologyT
Hexagon Metrology is part of Hexagon Measurement Technologies, a newly formed business area within the Hexagon Group. Hexagon Metrology includes leading metrology brands such as Brown & Sharpe, CE Johansson, CimCore, DEA, Leitz, Sheffield, Romer, TESA, Leica Geosystems (Metrology Division) and now also CogniTens. With an installed base of more than 50,000 CMMs, over 7,500 portable systems, millions of hand-held instruments and over 30,000 licenses of the popular PC-DMIS metrology software, Hexagon Metrology daily supports its customers to fully control their processes and ensure that what has been designed is in fact manufactured.
For more information please visit: http://www.hexagonmetrology.net
About CogniTens
CogniTens is a leading provider of comprehensive dimensional measurement solutions, focused on improving engineering and manufacturing processes in the automotive and other manufacturing industries. Through solutions based on innovations in 3-D non-contact measurement technology, especially designed for manufacturing environments, CogniTens allows its customers to significantly improve product quality, shorten development cycles, and cut manufacturing costs. CogniTens' solutions enable its customers to run efficient vehicle development processes and production launches. CogniTens, founded in 1995 is part of the Hexagon Metrology, the world's largest measurement group. CogniTens customers include global automotive OEMs, suppliers and line builders including: General Motors Corporation, Daimler Chrysler Group, Ford Motor Company, BMW, Toyota Motor Company, Volvo, Honda Motor Company, Magna International, Mazda Motors, Kikuchi Co., Ogihara America Corporation, Hirotec Worldwide Group, IAG and many others.
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