At its annual user conference this week in London, Bricsys, a developer of CAD software that has provided open, collaborative construction design technology since its founding in 2002, announced that it had been acquired by Hexagon AB and will become a part of Hexagon PPM (Plant, Process & Marine). With the Bricsys acquisition, Hexagon strengthens its construction solutions portfolio and position for the Architecture, Engineering, Construction (AEC ) market.
The acquisition should help Bricsys make inroads to the North American market, and could prove to be a great opportunity for gaining prospective current (disgruntled) Autodesk customers, developers, and resellers. It will be interesting to see how Autodesk responds as this looks to be a real challenge to its historical territory.
The acquisition also brings potentially strong implications to Hexagon’s Manufacturing Intelligence, but more about that later.