Hexagon acquires digital twin creation company Loclab AM Industry
Hexagon AB, a global leader in digital reality solutions combining sensor, software, and autonomous technologies, has acquired LocLab – a company whose proprietary technology, enabled by a high degree of automation using proven workflows and artificial intelligence, allows the cost- and time-efficient creation of digital twins. This is Hexagon’s second major investment in the past month, the first of which was the recent investment of $100 million in Divergent Technologies.