# Hexagon acquires DP Technology Corp

Hexagon AB has signed an agreement to acquire DP Technology Corp, developer of the ESPRIT CAM software, for an undisclosed amount. DP Technology had 2019 sales of EUR 35 million.

- Type: Acquisition
- Announced: 2020-10-29
- Where: Houston, Texas, United States
- Status: announced
- Products: CAM software, ESPRIT CAM System
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hexagon](https://endata.com/companies/4481.md) (acquirer)
- [DP Technology Corp](https://endata.com/companies/50852.md) (target)
- [PAS Global](https://endata.com/companies/50989.md) (target)

## Sources

- [advancedmanufacturing.org](https://www.advancedmanufacturing.org/news-desk/hexagon-acquires-dp-technology-corp-developer-of-esprit-cam-software/article_c0947ecc-fac8-11ef-aec9-3bf4cb088a6b.html), 2020-10-29: "Hexagon AB, a developer of sensor, software and autonomous solutions announced the signing of an agreement to acquire DP Technology Corp."
- [hexagon.com](https://hexagon.com/about/news-media/press-releases/1862219/hexagon-strengthens-its-industrial-lifecycle-management-capabilities-with-pas-global-acquisition), 2020-11-04: "Combining PAS' OT expertise with our PPM division's digital twin and data integrity capabilities creates a powerful combination for industrial lifecycle management."
- [prnewswire.com](https://www.prnewswire.com/news-releases/pas-global-to-be-acquired-by-hexagon-ab-301165922.html), 2020-11-04: "The strategic acquisition of PAS will expand our owner operator market presence and broaden our capabilities by extending Hexagon solutions to operational risk management and operational technology cybersecurity."
- [automationworld.com](https://www.automationworld.com/process/plant-maintenance/article/21206687/acquisition-paves-a-new-path-for-pas-global), 2020-12-13: "Industrial design software company Hexagon will acquire PAS, a provider of OT integrity offerings, giving manufacturers across industry segments a holistic way to manage the plant lifecycle."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.