Hexagon AB, a Sweden-based digital solutions provider with expertise in precision measuring technologies has announced the acquisition of AutonomouStuff, one of the world's leading suppliers of integrated autonomous vehicle solutions.
Founded in 2010, the US-based AutonomouStuff is a platform for autonomous vehicle development, robotics and data intelligence innovation. Its turn-key platforms, which utilise a robust portfolio of technologies, are deployed in pilot programs worldwide – representing more than 2,500 customers in the automotive and technology sectors across Silicon Valley, America, Europe, and Asia.
Ola Rollén, Hexagon president and CEO said,"We're particularly interested in technologies that are the most disruptive – those capable of leveraging the vast potential of data being generated by connected things, integrating AI, Edge-Cloud Orchestration, Mobility, and Data Visualisation into autonomous connected ecosystems."
"When combined with our positioning intelligence, mapping and sensing technology leadership, this acquisition creates a nexus of domain expertise that will lead the autonomous mobility industry for years to come."
In 2017, its sales amounted to $45 million (Rs 305 crore). Hexagon's industry-specific solutions leverage domain expertise in sensor technologies, software, and data orchestration to create ‘Smart Digital Realities’ that improve productivity and quality across manufacturing, infrastructure, safety and mobility applications. Its operation is focused on precision measuring technologies and is divided into three business areas: geospatial measuring, industrial metrology and technologies.