Announced

Hexagon to acquire indurad.

Synopsis

Hexagon, a multinational industrial technology company, agreed to acquire indurad, a global player based in Aachen, Germany, developing and manufacturing radar and RTLS sensors. Financial terms were not disclosed. Based in Germany, indurad specialises in modular radar systems that deliver precise object location tracking, collision avoidance, and machine automation capabilities. These innovations will enhance Hexagon’s integrated life-of-mine portfolio, further solidifying its leadership in the mining industry.

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