Home > Hexagon Geosystems signs agreement to acquire Devex

Hexagon Geosystems signs agreement to acquire Devex

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Hexagon AB, a leading global provider of design, measurement and visualisation solutions is acquiring Brazilian company Devex, a leading player in the field of automation solutions for mining operations.

Devex offers leading edge mine management software solutions for open-pit and underground mines, going beyond fleet management deep into mine process automation. The Devex portfolio has grown from SmartMine, their flagship operations offering to a comprehensive automation platform for optimising mine performance through real-time control and remote monitoring of all mine activities in 3D.

With a leading market share in Brazil and considerable growth in neighbouring countries, Devex’s acquisition not only advances Hexagon's expansion into South America but the mining industry as a whole. Devex’s solutions complement Hexagon's other offerings in the mining sector, with specific emphasis on 3D environments that allow users to view and access data much more intuitively than before.

Devex’s portfolio of automation solutions is built on an open platform, offering ease of application development for the mobile environment as well as integration with other widely used systems. This enables mine operators to meet different necessities and manage all of the pieces as an integrated process from long and medium term mine planning to day-to-day mine operations.

According to Hexagon President and CEO Ola Rollén, Hexagon's customers in mining and other sectors are increasing the utilisation of automation technologies in order to deliver higher efficiencies at lower costs. Devex's strong presence and technology leadership not only opens doors to cross-sell complementary Hexagon offerings to the same market but also exploits product integration opportunities to better serve the automation needs of additional segments such as agriculture and construction.

Leica Geosystems is a global market leader delivering fleet management, production optimisation, high precision GPS guidance and autonomous machine control solutions for the mining industry.

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