Hexagon announced this week that it closed the acquisition of Leuven, Belgium-based Septentrio NV for an undisclosed figure. Hexagon, which made the initial announcement in January, hasn’t said if there will be personnel consolidation or layoffs at Septentrio, which employs 150 people worldwide.
Hexagon did say Septentrio, with 50 million euros in sales last year, will be rolled into its Autonomous Solutions division. The company said it would merge Septentrio’s GNSS platform with its larger positioning technology portfolio of sensor fusion, anti-jamming systems, correction services and perception technologies.
The company integration focus will be on emerging autonomous systems adoption and other markets, the company said. These markets include robotics, UAVs and defense applications.
The Autonomous Solutions division has a new boss, longtime employee Gordon Dale, who has been with the company since 2008. Dale was the division’s co-president, COO and vice president of engineering.
“Combining Hexagon’s extensive positioning portfolio with Septentrio’s innovative GNSS platforms will provide our customers with cutting-edge solutions, enabling autonomy and mission-critical applications for diverse markets,” Dale said, in a statement.
