Hexagon acquires Mintec

Hexagon acquires Mintec

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US: Hexagon AB has signed an agreement to acquire Mintec, a resource modelling, optimisation, mine planning and scheduling software developer for the mining industry. The deal is expected to close by June 2014.

"The acquisition of planning and scheduling software strengthens our mining solution strategy, providing a platform for comprehensive life-of-mine solutions," said Hexagon President and CEO Ola Rollén. "The combination of proven technologies from Leica Geosystems, Devex, SAFEmine and now Mintec, in connection with our geospatial product suite and computer-aided dispatch solutions from Intergraph, we have the tools and technologies to leap ahead of the competition, giving Hexagon a unique position in the market."

Mining is becoming a more precise practice, and accurate mine planning and scheduling is at the forefront of this change. Hexagon has been active primarily in the operations domain, but the integration of the planning, scheduling and daily production capabilities of Mintec will enable Hexagon to close the loop and control data flow from design and mine planning through extraction and back into life- of-mine planning, providing a comprehensive flow of data across all mining operations. Founded in 1970, Mintec, with its 232 employees, has grown into a global network of mining professionals providing technology, service and support in some of the most complex mining operations around the world.

Source: Hexagon