Hexagon Acquires Etalon
This deal expands their footprint in calibration systems and on-machine measurement systems.
Posted: January 12, 2019
Hexagon AB (Stockholm, Sweden) acquired Etalon AG (Braunschweig, Germany), a supplier of equipment calibration systems that continuously monitor and initiate compensation of machine tools, measuring machines, robots and structures to ensure the dimensional accuracy of manufactured parts. Founded in 2004, Etalon employs around 25 people with domain expertise in production and metrology technology. Their systems are used in mechanical engineering, industrial instrumentation, automotive and aerospace technology and the research sector. Not only does this portfolio strengthen Hexagon’s calibration system offering, it also nicely complements their on-machine measurement system range that now incorporates machine tool probes, software and calibration equipment.
“By joining us, Etalon gains the scale to strengthen and expand their position in equipment calibration. Moreover, the acquisition is a natural extension of our data-driven smart factory strategy,” stated Ola Rollén, the president and chief executive officer of Hexagon. “This reinforces our commitment to increase customer value through the convergence of production and metrology and greater process autonomy through machine-controlled operations. We are very pleased to welcome such an innovative team on board and look forward to working together on new solutions for our customers.”
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