Hexagon completes acquisition of Itus Digital to expand Asset Performance Management capabilities
Acquiring Company
Hexagon
Acquired Company
Itus Digital
RoanokeSoftwareSaaSDescription
Hexagon, the global leader in digital reality solutions, has acquired Itus Digital, a Roanoke, Virginia-based provider of asset performance management (APM) software. This strategic acquisition aims to further improve asset reliability and availability, minimizing downtime and costs, offering significant opportunities to customers of any size or within any vertical.
Quick answer
Hexagon is acquiring Itus Digital, announced April 4, 2024.
- How much did Hexagon pay for Itus Digital?
- The deal value was not disclosed.
- Where are Hexagon and Itus Digital based?
- Itus Digital is based in Roanoke, Virginia, United States.
Source: Fundz verified event record.
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Who to call at Hexagon, and when
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Frequently asked
Who acquired Itus Digital?
Itus Digital was acquired by Hexagon. The deal was reported on April 4, 2024. Hexagon is privately held.
When did Hexagon acquire Itus Digital?
Hexagon's acquisition of Itus Digital was reported on April 4, 2024. Hexagon, the global leader in digital reality solutions, has acquired Itus Digital, a Roanoke, Virginia-based provider of asset performance management (APM) software. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Itus Digital do?
Itus Digital is a provider of asset performance management (APM) software, offering SaaS-based innovative solutions to optimize the performance of industrial assets. It is privately held, operating in Software, and is based in Roanoke.
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