Hexagon to acquire geotechnical software firm Rocscience for $535m
Summary
Hexagon agreed to acquire Canadian geotechnical software company Rocscience for US$535 million. Rocscience builds engineering software for modeling rock, soil, structures, slopes, tunnels, dams, and other infrastructure. Hexagon plans to combine Rocscience’s models with its monitoring sensors to create a tighter loop between live field data and engineering analysis. The deal expands Hexagon’s reach in mining, civil infrastructure, and energy use cases, and Rocscience will join Hexagon’s Radar & Monitoring Division pending closing conditions.
AskAI Classifications
Sectors
Manufacturing Industry
Logistics and Supply Chain
ERP for Manufacturing
Functions
No functions detected
Linked Companies
Hexagon Aktiebolag
$1B+
Rocscience Inc.
$1M to $5M