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Hexagon Plans to Spin Off Asset Lifecycle Intelligence Division Hexagon Plans to Spin Off Asset Lifecycle Intelligence Division

Summary by Highways Today

Hexagon Plans to Spin Off Asset Lifecycle Intelligence Division Hexagon AB has set the wheels in motion for a major corporate restructuring, with plans to spin off its Asset Lifecycle Intelligence (ALI) division and related businesses into an independent company, referred to as “NewCo.” This strategic move, first announced on 25 October 2024, aims to enhance the growth potential of both Hexagon and NewCo by allowing them to focus on their distin…

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Hexagon Spins Off Asset Lifecycle Intelligence Division

Here at Constructech, we have written a number of times about shakeups in the construction-technology space including M&As (mergers and acquisitions), companies closing, companies going bankrupt, partnerships, and more. M&As in particular seem to come in waves, some waves faster and larger than others. Now, we see the next steps one company is taking to spin-off one of its divisions. Earlier in March, Hexagon AB announced how it is preparing to …

16 days ago

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