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Hexagon AB Signs Agreement to Acquire Devex


Monday, 7 Oct 2013 02:00am EDT 

Hexagon AB announced that the Company has signed an agreement to acquire Devex, a Brazilian player in the field of automation solutions for mining operations. Devex' portfolio is built on an open platform, offering ease of application development for the mobile environment as well as integration with other widely used systems. The company's flagship is SmartMine. Closure of the transaction is subject to customary regulatory approvals. Financial details of the acquisition were not disclosed.