Hexagon AB Set to Acquire D.P. Technology Corp.
Hexagon AB has signed a deal to acquire D.P. Technology, the developer of the ESPRIT CAM system. Hexagon believes this move will strengthen its Smart Manufacturing portfolio.
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View MoreHexagon AB has signed an agreement to acquire D.P. Technology Corp., developer of the ESPRIT CAM System.
ESPRIT is a smart manufacturing solution that supports any class of CNC machine via a common interface and workflow while providing 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. This results in what D.P. Technology describes as 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,” Hexagon president and CEO Ola Rollén says. “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 is subject to regulatory approvals.
Hexagon is a global leader in sensor, software and autonomous solutions. Its mission statement is to put data to work to boost efficiency, productivity and quality across industrial, manufacturing, infrastructure, safety and mobility applications. The company says its technologies are shaping urban and production ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future.
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