Waygate will become part of Hexagon's Manufacturing Intelligence business unit. Hexagon employs approximately 16,000 people in 50 countries and generates approximately 3.7 billion euros in revenue.
Hexagon, a specialist in measurement technology, and Oracle Red Bull Sim Racing have launched a global online challenge aimed at identifying talent for modern industry.
The company has spun off from its former parent company Hexagon AB and has been listed on Nasdaq Stockholm since May 25 and on the Nasdaq Global Select Market in New York since May 28
Hexagon's Manufacturing Intelligence division introduces the Autonomous Metrology Suite, a cloud-based software solution for optimizing quality control in the manufacturing industry.