Hexagon has bought a small UK supplier of safety sensors to construction sites.
Xwatch Safety Solutions previously worked with its acquirer to develop its 3D Avoidance Zone digital product. Xwatch has 17 mainly UK-based employees and is said to have generated €4 million of revenues last year.
Hexagon said the company sold machine control hardware and software that helped users limit a construction excavator’s height and set side boundaries to define a working zone, increasing safety around a machine.
“Safety is an increasing focus for our construction customers,” said Hexagon CEO Paolo Guglielmini.
“Technologies like Xwatch’s solutions are already mandatory in public contracts within the UK, and we see this trend extending further in future.”
Stockholm-listed Hexagon didn’t disclose the acquisition price to its shareholders.
