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Mattias Stenberg

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Octave strengthens physical security portfolio with acquisition of VXG Inc.

May 5, 2026SSN Staff

HUNTSVILLE, Ala.—Octave, the planned software spinoff from Hexagon AB, has announced the acquisition of VXG Inc., a provider of enterprise-grade, cloud-native video management software. Octave’s portfolio simplifies complexity across the asset lifecycle. The acquisition will enable Octave to build upon the artificial intelligence (AI)-enhanced cloud capabilities in its physical security portfolio and further strengthen its software offerings for protecting people, places and assets. VXG’s...

Artificial Intelligence (AI), Hexagon AB, Mattias Stenberg, Octave, video surveillance as a service (VSaaS), VXG Inc., Yaro Lisitsyn

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