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Hexagon Buying CogniTens

Hexagon AB has agreed to acquire CogniTens Ltd., an Israel-based provider of 3D non-contact measurement technologies. No financial terms were disclosed. CogniTens has raised around $16.7 million in total VC funding since 2000, from firms like Yozma Venture Capital, Pitango Venture Capital, Walden Israel, Infinity Venture Capital, Docor International, Vertex Management Israel and Clal Venture Capital. It expects 2007 sales of around $8 million. www.hexagon.se www.cognitens.com