Asian Surveying & Mapping
Breaking News
European aerial surveying industry gathered at the 2022 EAASI Summit
More than 70 members of the aerial mapping industry...
China releases report on remote sensing monitoring for global ecology
BEIJING - China's Ministry of Science and Technology issued...
Singapore launches Environmental Services Industry Transformation Map, to create more than 1,600 PMET jobs by 2025
With a total of 23 Industry Transformation Maps to be...
China builds new dam in Tibet near Indian border
In a development that is a matter of concern...
Abu Dhabi’s Bayanat more than doubles 2022 net profit on revenue boost
Bayanat, a geospatial data products and services provider which listed...
Esri India Inks MoU with TEXMiN – IIT (ISM) Dhanbad
Esri India, the country’s leading Geographic Information System (GIS)...
China forms all-weather remote sensing monitoring system for all waters, islands: top aerospace authorities
China’s space technology was deeply applied in the country’s...
EU and Japan to improve Earth observation data through Copernicus
As part of a recent agreement, Japan will provide...
Indonesia deploys first student satellite through KiboCUBE programme
VIENNA - Indonesia has successfully deployed its first student...
Joshimath Crisis: ISRO Satellite Images, Reports Show How the Entire Town is at the Brink of Collapse
An eerie silence prevails over the small town of...

October 5th, 2012
Hexagon Expands in Central Asia

“Combining our people and resources, the acquisition provides substantial growth potential for several of Leica Geosystems’ businesses and the ability to better serve the needs of customers who have relied on the support of Leica Geosystems and its distribution partner for over a decade”, says Ola Rollén, CEO and President of Hexagon AB. “Additionally, while the acquisition complements existing operations and increases our competitive stance in the region, it is also part of a larger strategic plan to significantly enhance our global capabilities and expansion into emerging markets.”

Geosystems Kazakhstan will be fully consolidated as of October 1st2012 and will immediately contribute to Hexagon’s earnings. Excluding intercompany revenue the company had a turnover of approximately 2 MEUR in 2011.