Hexagon Acquires D.P. Technologies
According to Hexagon, the acquisition will accelerate the development of its Smart Manufacturing portfolio.
Photo Credit: Hexagon
Hexagon AB (Stockholm, Sweden), a sensor, software and autonomous solutions company, announced on Oct. 29 the signing of an agreement to acquire D.P. Technology Corp. (Camarillo, California) a developer and supplier of computer-aided manufacturing (CAM) technology.
The ESPRIT CAM System, D.P. Technology’s flagship solution, is said to be the smart manufacturing solution for any machining application. Supporting any class of CNC machine via a common interface and workflow, the technology is said to provides high-performance CNC machine programming, optimization and simulation for a broad range of precision manufacturing applications.
Well-known for its machine-optimized, edit-free G-code (toolpath), ESPRIT leverages a digital twin simulation platform to model the finished part, tools and CNC machine. AI-based algorithms eliminate manual data input and provide machine operators with greater assurance of what will happen on the shop floor. The end result, says Hexagon, is simplified programming, increased tool life and utilization, reduced cycle times and improved productivity.
“D.P. Technology is an innovator with a strong focus on building smarter, data-driven manufacturing solutions. When combined with our production software portfolio, it cements our market-leading position in CAM, particularly around CNC manufacturing processes, and accelerates the development of our Smart Manufacturing portfolio,” says Hexagon President and CEO Ola Rollén. “Additionally, the D.P. Technology team has built excellent working relationships with leading machine tool providers and other manufacturing technology experts, which will prove invaluable in our open and interoperable manufacturing ecosystem approach.”
Founded in 1982 and headquartered in Camarillo, California, D.P. Technology employs around 260 people in 27 locations worldwide. The company is also represented by a network of 130 resellers across 44 countries, giving ESPRIT a global footprint and install base. D.P. Technology will operate as part of Hexagon’s Manufacturing Intelligence division. Completion of the transaction (closing) is subject to regulatory approvals. 2019 sales amounted to 35 MEUR.
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