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Announced

Hexagon to acquire Septentrio.

Synopsis

Hexagon, a multinational technology group for metrology and geoanalytics, agreed to acquire Septentrio, an OEM provider of Global Navigation Satellite System (GNSS) technologies. Financial terms were not disclosed. "The combination of Hexagon and Septentrio will transform the positioning industry across existing and new markets, setting new standards for the accuracy, resilience and scalability of positioning technologies, necessary to support and accelerate the journey towards full autonomy," Norbert Hanke, Hexagon interim President and CEO.

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