Hexagon has acquired all shares in the Brazilian software and services provider SISGRAPH. SISGRAPH has been providing custom made Intergraph solutions to Latin America since 1980. SISGRAPH provides sales, consulting, implementation and training services for all Intergraph products in Latin America.

SISGRAPH's technical team of more than 100 engineers and specialists has deep knowledge of Intergraph products, its applications and the markets to which they are destined. The company has long-term relationship with the major companies in the process and power segment in the area as well as with several local government agencies.

Excluding inter-company sales, SISGRAPH's turnover in 2010 amounted to approximately 11 MEUR. The company has shown solid growth over the last years and strong profitability.

Ola Rollén, CEO and President of Hexagon AB noted that the purpose of the acquisition is twofold. It will strengthen Hexagon’s presence in the fast growing South American market and it will give the company full access to the competence, customer relations, service capability and proprietary technology of SISGRAPH.

Hexagon believes South America in general and Brazil in particular has very interesting growth prospects for the years to come, said Rollen.

For Hexagon’s Power, Process and Marine business, the company sees many opportunities related to the exploration and production of Brazil's massive offshore oil reserves and in its Security, Governments and Infrastructure business, Hexagon has for example many interesting leads related to the 2014 World Cup and the 2016 Olympics, said Rollen.

SISGRAPH will be fully consolidated as of today and will immediately contribute to Hexagon's earnings.

Hexagon is a leading global provider of design, measurement and visualization technologies. Its customers can design, measure and position objects, and process and present data, to stay one step ahead of a changing world.

Hexagon's solutions increase productivity, enhance quality and allow for faster, better operational decisions, saving time, money and resources. Hexagon has over 12 000 employees in more than 40 countries and net sales of about 2 200 MEUR.

The company’s products are used in a broad range of industries including surveying, power and energy, aerospace and defense, safety and security, construction and manufacturing.

SISGRAPH, which is headquartered in Sao Paulo, provides exclusive sales, consulting, implementation and training services - in its Training Center or in its customers' facilities as well - for all Intergraph Process, Power & Marine products in Brazil and for all Intergraph Security, Government & Infrastructure products in Latin America and the Caribbean.

19th August 2011