About the transaction
Headquartered in Kelowna, British Columbia, MicroSurvey Software Inc, is a leading Canadian based developer of surveying and mapping software for the land surveying, construction, and forensic markets. Corum Group advised MicroSurvey in its sale of all outstanding shares to Hexagon.
"The acquisition of MicroSurvey notably expands Hexagon's product offerings and software development capabilities for several of our key markets including land surveying, construction and public safety." said Ola Rollen, CEO and President of Hexagon AB. "Additionally, both MicroSurvey's software products and Hexagon's instrument products enjoy strong leadership positions in these markets". "The ability to offer such comprehensive, market-leading and innovative solutions will undoubtedly benefit both current and future customers of Hexagon."