Hexagon

April 23, 2024

Hexagon acquires Xwatch to strengthen its construction safety portfolio

Hexagon, the global leader in digital reality solutions, combining sensor, software and autonomous technologies, today announced the acquisition of Xwatch Safety Solutions. Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites. This includes height control, slew control, and rated capacity indication (RCI) for heavy machinery, allowing operators to limit an excavator's height and set side boundaries to define a working zone, significantly increasing safety around a machine. Xwatch has previously partnered with Hexagon’

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CEO and MD, Gerteric Lindquist, comments on the Interim Report 2, 2026

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Continued good growth and further improvement in profitability
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NIBE Industrier AB (publ), Interim Report 2, 2026

Nibe
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Continued good growth and further improvement in profitability
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Hexagon’s shareholding in Hangzhou Yushu Technology Co., Ltd (Unitree Technologies)

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Following the Initial Public Offering (IPO) of Unitree Technologies, Hexagon expects to record a gain in its third quarter results on the revaluation of its shareholding, which represents 1.198% of the Unitree’s issued share capital. The gain will be calculated on the closing share price on 30 September 2026. Based on today's closing price, the gain would be approximately €500m. Any gain will be recorded as a non-cash Item Affecting Comparability (IAC) in Hexagon's accounts. The shares are subject to a 12-month lock-up period from today’s date. For further information, please contact:
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