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Hexagon corp11/10/2023 The segments here are huge, and the products are diverse. Essentially, if you have the need for incredible precision when positioning something, Hexagon is a partner you probably work with. In these two segments, the company combines its expertise in sensors, specifically location sensors, including things like laser scanners, airborne cameras, UAVs, mapping technologies, and macro/micro-positioning. Hexagon is in the business of Geospatial Solutions, or GES as well as Industrial enterprise solutions. Swedish businesses, or any business in Europe don't just list on SWX for no reason. Hexagon is dual-listed, with a B-share listing on the Stockholm Stock Exchange, but with a secondary listing on the SWX Swiss exchange. Usually, if someone tells me that they know Hexagon, my reaction is that "oh, they really know the market pretty well." Because people who only skim the surface of the market usually have no idea what this company is. Hexagon AB is a Swedish conglomerate owning a number of subsidiaries. Hexagon - Reviewing a positioning business The company has been around since 1992, has annual revenues of around 35B SEK, and employs over 20,000 people across a multitude of subsidiaries around the globe. So, let's not waste any time and start presenting Hexagon here. It's a software industrial/automation business, but in subsegments and niches, you do not often see. Hexagon does have peers, but most of those peers have an incomparable mix. Why do I think that? Because this is a very interesting company - and it does something pretty rare. Mykola Lishchyshyn/iStock via Getty Imagesīy the time I'm finished with this article, I'm willing to wager that you'll be interested in Hexagon AB ( OTCPK:HXGBF).
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