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The transaction is fully financed via bank facilities and Hexagon's net debt to EBITDA target of 2.5 will not be exceeded The acquisition will further strengthen Hexagon's smart connected factory strategy to deliver enterprise solutions within manufacturing verticals In 2016 MSC generated proforma sales of 230 MUSD, with strong profitability and a high percentage of recurring revenue Purchase price of 834 MUSD on a cash and debt free basis (Enterprise Value) MSC will be a fully owned subsidiary of Hexagon and operate under the division Manufacturing Intelligence. Its strong brand and reputation in industries such as automotive, aerospace and electronics spans more than 50 years. MSC has over 1,200 highly-skilled professionals in 20 countries. Consolidate your CAE software suppliers to most effectively stretch your limited budget.The acquisition strengthens Hexagon's ability to connect the traditionally separate stages of design and production – integrating real-world data generated on the production floor with simulation data to further improve a customer's ability to reveal and correct design limitations and production problems prior to manufacturing. Reduce cost and access infrequently used CAE applications that might otherwise be difficult to justify commercially.Reduce financial risk with the ability to increase or decrease capacity as your engineering needs change.Improve productivity and create a flexible environment, as your project and CAE needs mature or change.Accelerate innovation in your product line by taking advantage of simulation solutions that your company did not have access to previously.MSCOne now includes access to our e-learning platform so you can develop new skills and simulate more – anytime, anywhere. Simulation software all from one flexible, subscription-based platform. MSCOne offers designers and engineers a smarter way to access a huge array of world-class CAE Now designers andĮngineers can flexibly access all the CAE software they might need with a low barrier to entry MSCOne is a definitive collection of the most advanced simulation software.