Hexagon enhances Smart Factory solutions with acquisition of Romax Technology
By Jim Gibbins - 1st March 2020
Sweden / UK - Hexagon AB, a Stockholm-based sensor, software and autonomous solutions specialist, has signed an agreement to acquire Nottingham-based Romax Technology Ltd, a provider of Computer Aided Engineering (CAE) software for electromechanical drivetrain design and simulation.
Hexagon said greater focus on energy efficiency and an accelerating shift towards electrification brings new engineering challenges requiring increased use of simulation tools earlier in the design lifecycle. Romax Technology brings more than 30 years of experience in electromechanical simulation and multi-physics design optimisation.