Hexagon Acquires 3D System's Geomagic Software Business
STOCKHOLM, Sweden, Dec. 30, 2024 — Digital reality solutions company Hexagon AB has acquired 3D Systems’ Geomagic suite of interoperable software packages, which are used to create high quality 3D models from multiple sources, including laser scanning. Hexagon will pay a purchase price of $123 million for the Geomagic software business, on a cash and debt-free basis.
The Geomagic suite, which includes products such as Design X, Control X, Freeform, and Wrap, is capable of automating the processing of 3D scan data to build digital models from physical objects, which can then be used to generate history-based parametric computer-aided design (CAD) models for use in product manufacturing. The Geomagic software tools can also be used to undertake initial free-form design, modify existing CAD models, and accurately measure and inspect parts for quality control purposes when finished.
The acquired capabilities will strengthen the existing software portfolio of Hexagon Manufacturing Intelligence and combine with its leadership in portable metrology sensors to deliver a suite of solutions across the full range of manufacturing applications.
The companies expect to be fully completed by the second quarter of 2025.
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