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Assa Abloy

May 12, 2021

ASSA ABLOY invests in Paravision in the US

ASSA ABLOY has invested in Paravision, a leading provider of advanced facial recognition solutions and recognized for its world-class leadership in accuracy. "The investment in Paravision is a strategic technological investment for the ASSA ABLOY Group and will accelerate the development of biometric solutions that leverage facial recognition algorithms and provide complementary growth opportunities,” says Nico Delvaux, President and CEO of ASSA ABLOY. “In partnership, HID and Paravision have already cooperated on projects and we look forward to further advancing our collaboration

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Securitas strengthens commitment to sustainability

Securitas
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2025
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09
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16
Securitas, the intelligent security solutions partner with world-leading technology and expertise, today announced an ambitious sustainability strategy aimed at helping clients achieve their goals while creating measurable value for the business. The new sustainability strategy is built on three powerful pillars: develop people, decarbonize business, and demonstrate integrity. These commitments will enhance efficiency, retention, and trust, ensuring the quality and reliability clients can depend on for the long term. Develop people Securitas is dedicated to helping its people succeed
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Hexagon announces organisational updates and further details around the potential spin-off of Octave

Hexagon
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2025
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09
.
15
STOCKHOLM, SWEDEN, 15 SEPTEMBER 2025 · Ben Maslen and Tony Zana to be appointed to the Octave executive team as Chief Financial Officer and Chief Legal Officer & Corporate Secretary, respectively · Andreas Wenzel and Thomas De Muynck to be appointed to the Hexagon executive team, as Chief Strategy Officer and Chief Legal Officer, respectively · Board confirms duration of anticipated Octave Swedish Depository Receipt programme · Plans to amend Hexagon AB divisional financial disclosures to present Octave as one entity from the third quarter of 2025 Leadership appointments The
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Hexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR

Hexagon
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2025
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09
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04
Divesture advances portfolio focus, unlocks value and increases financial flexibilit Stockholm, Sweden – 4 September 2025 - Hexagon AB today announced that it has entered into a definitive agreement to sell its Design & Engineering business (“D&E”), which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market leading positions and sharpen future investment behind core business areas. Under the terms of the definitive agreement, Cadence will pay approximately 2.7bn
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