Hexagon’s Positioning Intelligence (PI) division announced it has acquired AutonomouStuff. The companies say the acquisition will boost collaboration between the organizations 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 a 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, the aim of U.S.-based AutonomouStuff is to develop solutions and platforms for autonomous vehicle development, robotics, and data intelligence innovation. Its platforms, which use an expansive portfolio of technologies, are deployed in pilot programs worldwide.
“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 and CEO, AutonomouStuff. “I’m very excited for our shared future.”