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Acquisition of System Integration Specialist Strengthens CAM Application Capabilities



Hexagon AB has completed the acquisition of FASys Industrie-EDV-Systeme GmbH, a German system integration specialist and provider of software and hardware solutions for production-oriented tasks. FASys has an established working relationship with the Hexagon-owned CAD/CAM specialist Vero Software, and the acquisition enhances Hexagon Manufacturing Intelligence's solution offering in the production areas of the manufacturing process.

Founded in 1996 and headquartered in Cologne, Germany, FASys is a vendor of manufacturing software solutions, including DIN 4000/4003-based tool and resource management and the integration of presetting and CNC machines (DNC).

Commenting on the acquisition, Steve Sivitter, CEO at Vero Software said, "In looking to expand our technology portfolio beyond CAM, the acquisition of FASys is a very important step. The company brings great technology and a wealth of manufacturing experience to Vero Software. We have been collaborating with FASys for some years, so it is exciting to help the team there expand its global reach and provide existing customers with more technology to improve productivity."

Michael Gottschild, General Manager at FASys added, "We are extremely pleased to be joining Hexagon. We know we are becoming part of a company with a similar view on how to boost our customers' productivity, reduce costs and improve quality. We will move forward together with the expertise, knowledge and resources necessary to deliver innovative solutions at an even faster pace."

For more information contact:

Hexagon Manufacturing Intelligence Company

250 Circuit Drive

North Kingstown, RI 02852

401-886-2000

www.hexagonmi.com

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