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Hexagon PI completes acquisition of AutonomouStuff Featured

Posted On Monday, 08 October 2018 03:28 Written by
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Hexagon’s Positioning Intelligence division has acquired AutonomouStuff. Hexagon’s Positioning Intelligence division has acquired AutonomouStuff. Image courtesy of Hexagon PI

Hexagon’s Positioning Intelligence division (Hexagon PI) has welcomed AutonomouStuff following the completion of the acquisition as announced by Hexagon AB.

AutonomouStuff being part of Hexagon PI will boost collaboration between the organizations to provide superior solutions for autonomous vehicle development.

“Combined with Hexagon PI’s leadership in high accuracy, functionally-safe and high-integrity positioning technology, the addition of AutonomouStuff and their offerings is helping our customers to accelerate the development of more comprehensive Autonomous X solutions,” said Michael Ritter, President and CEO of Hexagon PI. “Our expanded capabilities will allow Hexagon PI to meet the industry’s ever growing demand for more robust autonomy solutions.”

Hexagon PI has been an important technology provider to AutonomouStuff for several years, and the two organizations have worked closely together to serve common customers and collaborate on important industry events.

As the division grows, AutonomouStuff will continue to function as an independent brand within Hexagon PI. Founded in 2010, U.S.-based AutonomouStuff is pioneering solutions and platforms for autonomous vehicle development, robotics and data intelligence innovation.

Its cutting-edge platforms, which utilize an expansive portfolio of technologies, are deployed in pilot programs worldwide – representing thousands of customers in the automotive and technology sectors across the globe.

“The combined entities now provide the fuel and support for exponential growth while affording us the ability to make continued advances in the mobility space,” said Bobby Hambrick, founder & CEO, AutonomouStuff. “I’m very excited for our shared future."

Matt M. Myftiu

Matt Myftiu has been a journalist for two decades with a focus on technology, NASCAR and autos.

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