.
MergerLinks Header Logo

Announced

Hexagon to acquire PAS Global.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Cross Border

Acquisition

Single Bidder

software development

Majority

Friendly

United States

Software

Pending

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US