IconPro’s Apollo monitors machine conditions remotely. Deal to close in December; 2026 revenue about €2M with lower margins.
Hexagon AB announced the acquisition of IconPro, a German industrial AI solutions provider focused on asset maintenance.
Apollo, developed by IconPro, is maintenance software that remotely monitors machine operations, conditions and events. Integrating these capabilities into Hexagon’s metrology solutions is intended to support CMM maintenance, reduce downtime and improve productivity, quality and production speed.
The integration of IconPro’s technology will enable Hexagon to offer advanced, AI-driven analytics and insights across its global install base, starting with its Stationary Metrology Division in its Manufacturing Intelligence Business Area.
The acquisition is expected to close in December, with complete consolidation anticipated shortly thereafter. In 2026, IconPro will generate ~2 MEUR in revenues, with profitability initially below that of Hexagon’s Manufacturing Intelligence Business Area.
For more information, visit hexagon.com.