Announced
Financials
Tags
Private
Cross Border
Acquisition
Single Bidder
software development
Majority
Friendly
United States
Software
Pending
Synopsis
Hexagon, a global technology group headquartered in Sweden, agreed to acquire PAS Global, the operational technology integrity company. Financial terms were not disclosed. "Since 1993, PAS has delivered solutions that help industrial organizations improve process safety and profitability. As cyber risk in the industrial sector has grown, we have remained true to our mission by expanding our capabilities to further protect operational technology and have been recognized as a leading cyber asset management company. Now, PAS and Hexagon together will be a powerhouse solution provider for managing the entire industrial lifecycle," Eddie Habibi, PAS Founder and CEO.
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