Hexagon Signs Agreement To Acquire Guidance Marine

Today, Hexagon signed an agreement to acquire Guidance Marine. Hexagon is a global technology company providing precision positioning, navigation and autonomous solutions that help drive safer and more efficient operations across maritime and other industrial sectors.

Following completion of the transaction, Guidance Marine will become part of Hexagon's NovAtel Positioning Division within the Autonomous Solutions Business Area.

Headquartered in Stockholm, Sweden, Hexagon is a global leader in measurement technologies, positioning solutions and autonomous systems. Through its Autonomy & Positioning, Infrastructure & Geospatial, and Manufacturing Intelligence business areas, Hexagon delivers technology that helps customers improve safety, productivity and operational performance across industries worldwide.

Guidance Marine's technologies are highly complementary to Hexagon's existing marine capabilities.

Hexagon's GNSS, positioning correction services, anti-jamming and assured positioning solutions establish a vessel's absolute position, while Guidance Marine's sensors determine its position relative to the structures and assets around it.

Together, these capabilities strengthen Hexagon's ability to serve a vessel's full positioning requirement from a single, integrated portfolio, and deepens its relationships with DP system suppliers and vessel operators.

“The announcement today that Hexagon has agreed to acquire Guidance Marine marks another important and exciting milestone for our business. We have a deep-rooted history of providing positioning sensors to the global marine industry, and this acquisition will enable us to further grow our business, accelerate the development of cutting-edge technology, and better serve all of our amazing customers around the globe.” - Dale Hawley, CEO at Guidance Marine.

Completion is expected by the end of 2026, subject to customary closing conditions.

For our customers and partners, operations will continue as normal. Guidance Marine will continue to deliver the trusted solutions, service and support that customers rely on everyday.