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Swedish industrial technology group Hexagon AB reported a 7% fall in third-quarter adjusted operating earnings as it pushes ahead with a significant corporate overhaul.
Hexagon AB on Monday announced key leadership appointments and further details for the planned spin-off of its software unit, Octave, as the industrial technology group accelerates a corporate overhaul.
Hexagon AB has agreed to sell its Design & Engineering software business to Cadence Design Systems Inc. for approximately 2.7 billion euros, reversing a major acquisition made eight years ago.
Hexagon AB announced Friday that Chief Financial Officer David Mills is stepping down, with the company citing personal reasons for his departure.
| 14 Oct 2021 |
| Hexagon completes the acquisition of Infor’s EAM business and has resolved on an issue in kind | 1 Oct 2021 |
| Hexagon introduces new financial plan at Capital Markets Day | 30 Sept 2021 |
| Hexagon Interim Report 1 January - 30 June 2021 | 27 Jul 2021 |
| Hexagon to acquire Infor’s EAM business and form a broader strategic relationship with Infor and Koch | 6 Jul 2021 |