Hexagon Unveils “Octave” as Planned Software Spin-Off

Hexagon AB announced today the launch of a new brand, Octave, marking a key step in a planned spin-off of several of its software businesses. The proposed standalone entity would combine Hexagon’s Asset Lifecycle Intelligence (ALI) division with its Safety, Infrastructure & Geospatial portfolio, alongside the Bricsys, ETQ, and Projectmates businesses.The separation remains subject to board and shareholder approval, regulatory clearances, and other customary conditions.If completed, th