Hexagon acquires Planit Canada woodworking software reseller

Key Takeaways

• Hexagon's Production Software Division has acquired Planit Canada, a Canadian woodworking software reseller
• The acquisition aims to expand Hexagon's direct presence in the Canadian woodworking software market
• Planit Canada will be integrated into Hexagon's Wood, Stone and Composites vertical
• The move will increase local technical support and broaden access to Hexagon's production software portfolio

Introduction to Hexagon's Acquisition

Hexagon, a leading provider of design, measurement, and visualization technologies, has acquired Planit Canada, a reseller of Cabinet Vision software. This strategic move is intended to strengthen Hexagon's position in the Canadian woodworking software market.

About Planit Canada

Planit Canada was founded in 2008 and has been providing Canadian woodworking manufacturers with software, training, support, and maintenance services. The company has a long-standing partnership with Hexagon and has been selling Cabinet Vision, a design-to-manufacturing software for cabinet and casegoods manufacturers, as well as Alphacam.

Acquisition Details

The acquisition will integrate Planit Canada into Hexagon's Production Software Division as part of its Wood, Stone and Composites vertical. This move is expected to expand Hexagon's direct work with customers in Canada, increase local technical support, and broaden access to its production software portfolio.

Comparison of Pre- and Post-Acquisition Structure

Benefits of the Acquisition

The acquisition aligns with Hexagon's approach of expanding its Production Software Division through closer customer engagement, regional expertise, and continued investment in manufacturing software. Planit Canada's team will continue to support customers across Canada, with onboarding and integration handled by local leadership and HR teams.

Conclusion

The acquisition of Planit Canada by Hexagon's Production Software Division is a strategic move to expand its direct presence in the Canadian woodworking software market. With this acquisition, Hexagon aims to increase its customer engagement, provide better local support, and offer a broader range of production software solutions to the Canadian woodworking industry.

Bottom Line

Hexagon's acquisition of Planit Canada is a significant step in strengthening its position in the Canadian woodworking software market. By integrating Planit Canada into its Production Software Division, Hexagon will be able to provide better support to its customers, increase its market share, and drive growth in the industry. With its expanded portfolio and increased local presence, Hexagon is well-positioned to meet the evolving needs of the Canadian woodworking industry.