Hexagon Strengthens HxGN Content Program With Acquisition of COWI's Mapping Business
HEXAGON AB UNSP/ADR (HXGBY)
NASDAQ:AMEX Investor Relations:
investors.hexagon.com/en/financial-information/reports-and-presentations
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Source: PR Newswire
NACKA STRAND, Sweden, Jan. 29, 2020 /PRNewswire/ -- Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the signing of an agreement to acquire COWI's aerial mapping business. COWI is a leading international consulting group within engineering, economics and environmental sciences with a mapping business that serves as Europe's largest provider of airborne surveying and spatial data processing and key partner of the HxGN Content Program.Bringing valuable expertise in capturing and selling Content as a Service (CaaS), COWI's mapping unit has been delivering HxGN Content Program services in Europe since 2015. With approximately 400 specialists worldwide, the business provides public administrators, government organisations, infrastructure project stakeholders, utility companies and global internet companies access to the most relevant geospatial data during their planning processes. "The acquisition of COWI's mapping business is a logical next step t
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