Alabama software company Intergraph agrees to be acquired by Sweden’s Hexagon AB
By APWednesday, July 7, 2010
Sweden’s Hexagon buying software maker Intergraph
HUNTSVILLE, Ala. — Intergraph Corp., a privately held Alabama software maker, says it has agreed to be acquired by Sweden’s Hexagon AB for about $2.1 billion.
The deal was announced Wednesday.
Intergraph, based in Huntsville, makes software that allows government agencies and businesses to produce maps, designs and other visual representations. It was acquired in 2006 by an investor group. It employs more than 4,000 people.
Hexagon AB is a leading global measurement technology company. It plans to operate Intergraph as a separate division under the Intergraph name and brand.
The deal requires regulatory approval but the companies expect to complete it by the end of the year.
Tags: Alabama, Computing And Information Technology, Europe, Huntsville, North America, Software, Sweden, United States, Western Europe
July 8, 2010: 11:30 am
That’s weird article maybe they should just make the article about security systems. That would be great because everyone needs security systems!!!! |
NJ Security Systems