Hexagon’s Digital Wave transaction closes

Source: press release, 30 November 2018

Hexagon Composites will fully integrate Digital Wave capabilities for testing and requalification of high-pressure cylinders
Hexagon Composites will fully integrate Digital Wave capabilities for testing and requalification of high-pressure cylinders (photo: Digital Wave)

Hexagon Composites ASA has announced the closing of the announced acquisition of Digital Wave Corporation. The closing of the transaction was completed on 30 November.

With this acquisition, Hexagon Composites will fully integrate capabilities for testing and requalification of high-pressure cylinders. The business will operate as a wholly owned subsidiary of Hexagon’s US affiliate and will continue to research and develop new products and services in this field.