“The global reach of Hexagon will allow us to expand our brand and to accelerate the evolution of our products based on the needs of manufacturers around the world,” says Dan Frayssinet, Co-Founder and CEO of DP Technology. “This is a natural fit, because manufacturing intelligence is exactly what ESPRIT is all about,” says Paul Ricard, Co-Founder and President of DP Technology “Ultimately, their acquisition of ESPRIT allows us to better serve our customers.” The ESPRIT CAM system will be included in Hexagon’s Manufacturing Intelligence division. Headquartered in Stockholm, Hexagon serves a multitude of ecosystems with its sensor, software, and autonomous solutions- from manufacturing and industrial facilities to mining, agriculture, autonomous mobility, public safety, construction, and more. has signed an agreement to join Hexagon AB’s smart manufacturing portfolio in a strategic acquisition that will bring the best of smart manufacturing to a wider customer base. 2019 sales amounted to 35 MEUR.įor more information, visit California (November 4, 2020) – DP Technology Corp. Completion of the transaction (closing) is subject to regulatory approvals. Technology will operate as part of Hexagon’s Manufacturing Intelligence division. The company is also represented by a network of 130 resellers across 44 countries, giving ESPRIT a global footprint and install base. Technology employs around 260 people in 27 locations worldwide. Technology team has built excellent working relationships with leading machine tool providers and other manufacturing technology experts, which will prove invaluable in our open and interoperable manufacturing ecosystem approach.”įounded in 1982 and headquartered in Camarillo, California, D.P. When combined with our production software portfolio, it cements our market-leading position in CAM, particularly around CNC manufacturing processes, and accelerates the development of our Smart Manufacturing portfolio,” says Hexagon President and CEO Ola Rollén.
Technology is an innovator with a strong focus on building smarter, data-driven manufacturing solutions. The result – simplified programming, increased tool life and utilisation, reduced cycle times and improved productivity. AI-based algorithms eliminate manual data input and provide machine operators with greater assurance of what will happen on the shop floor. With edit-free G-code (toolpath), ESPRIT leverages a digital twin simulation platform to model the finished part, tools, and CNC machine.
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