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Intergraph® Process, Power & Marine Agrees to Acquire NESTIX OyANAHEIM, Calif., June 13, 2016 /PRNewswire/ -- Intergraph® Process, Power & Marine (PP&M), part of Hexagon and the world's leading provider of enterprise engineering software enabling smarter design and operation of plants, ships and offshore facilities, today announced an agreement to acquire NESTIX Oy of Oulu, Finland, a leading software supplier of data-centric production management solutions that allow connections to pipe, plate, profile cutting and panel welding machines. NESTIX's skilled and experienced staff in Finland will join Hexagon as part of the acquisition. The acquisition will be officially announced on the opening day of HxGN LIVE 2016, Hexagon's international conference, at the Anaheim Convention Center. The NESTIX marine products are currently included in Intergraph's Smart™ Yard enterprise solution offering, branded as Intergraph Smart Production powered by NESTIX. This strategic acquisition solidifies the integration of NESTIX and provides Intergraph clients with a long-term solution for managing and nesting parts for fabrication and welding assembly. The NESTIX solutions complement Intergraph's existing solutions for pipe fabrications thereby providing clients with a complete shop floor solution for all pipe and steel part production management, across all industries. Primary solutions that will become part of Intergraph's best-in-class product portfolio are:
Gerhard Sallinger, Intergraph Process, Power & Marine president, said, "The acquisition is the next logical step in our established partnership where both companies have proven to bring value to each other as an essential part of our Smart Yard fabrication solution. Intergraph continues to evolve our business by pursuing acquisition targets that expand our software solutions portfolio and provide our clients with greater enterprise productivity." Hannu Käkelä, NESTIX Oy managing director, said, "Intergraph's global reach provides NESTIX with many opportunities to expand our solutions into new markets and provide more value to our existing customer base. We are very pleased to be joining the industry leader in the plant design arena and excited about the enterprise level capabilities that we can now offer fabricators." To learn more information about the acquisition of NESTIX, including information for current NESTIX customers, a downloadable list is available here and at www.nestix.com. In 2014, Intergraph PP&M released Intergraph Smart™ Production powered by NESTIX, a solution within its next-generation Intergraph Smart Yard offering. Smart Production enables yards and fabricators to control the entire module/block production process from digital design to parts fabrication through the completion of subassemblies, pipe spools, panels and module/block assemblies. Visit ppm.intergraph.com/products/pfc-product-family/intergraph-smart-yard for more information on Intergraph Smart Yard. Intergraph Technical User Forum (TUF) LinkedIn groups provide an online discussion forum for year-round networking between users. To learn more about Intergraph solutions and network with other Intergraph users, visit ppm.intergraph.com/technical-user-forums. The ARC Advisory Group, a leading industry analyst firm, ranked Intergraph as the No. 1 overall worldwide provider of engineering solutions for plant design (process, power and marine), according to its "Engineering Design Tools for Plants and Infrastructure Worldwide Outlook Market Analysis and Forecast Through 2019." About NESTIX Oy About Intergraph Process, Power & Marine Hexagon Process, Power & Marine is part of Hexagon (Nasdaq Stockholm: HEXA B; hexagon.com), a leading global provider of information technologies that drive quality and productivity improvements across geospatial and industrial enterprise applications. © 2016 Intergraph Corporation. All rights reserved. Intergraph is part of Hexagon. Intergraph and the Intergraph logo are registered trademarks of Intergraph Corporation or its subsidiaries in the United States and in other countries. Other brands and product names are trademarks of their respective owners. Logo - http://photos.prnewswire.com/prnh/20081211/DECLOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/intergraph-process-power--marine-agrees-to-acquire-nestix-oy-300283420.html SOURCE Intergraph Process, Power & Marine |