Hexagon has signed an agreement to acquire Rocscience from TA Associates and Rocscience’s founders and management. The acquisition would combine Rocscience’s ground and structural modeling software with Hexagon’s sensors and monitoring systems.
Rocscience will join the radar and monitoring division within Hexagon’s infrastructure and geospatial business area. Headquartered in Toronto, Canada, Rocscience serves mining, civil engineering and energy customers in around 125 countries.
Rocscience software models how rock, soil and structures behave under different conditions. Engineers use it to analyze slope stability and ground movement and assess how tunnels, dams and other infrastructure are likely to perform over time. Rocscience also provides AI-assisted workflows, including a natural-language interface for engineering modeling and analysis.
Hexagon’s sensors, including radar monitoring systems, continuously measure physical conditions. Connecting those measurements with Rocscience’s predictive models would allow live sensor data to automatically inform, update and calibrate engineering models throughout design, construction and operations.
Hexagon expects the combined technologies to support risk detection, intervention and shorter analysis times, along with improved safety and productivity.
“Rocscience has an exceptionally strong team that has built a proven business with outstanding customer satisfaction. Its software is complementary to our sensor and monitoring businesses in mining, and increasingly in civil and infrastructure applications,” said Henning Sandfort, president, infrastructure & geospatial, Hexagon. “By connecting what our sensors measure with how Rocscience’s models predict, we can help customers move from data capture to informed action with far greater confidence. We are excited to welcome the global Rocscience team to Infrastructure & Geospatial and to Hexagon.”
Source: Hexagon
About Hexagon
Hexagon AB is a Swedish industrial technology company based in Stockholm, Sweden. The company traces its origins to Eken Industri och Handel AB, founded in Stockholm in 1975. Hexagon supplies measurement, positioning, sensing, and software products for industrial and public-sector users. Its products include sensors, coordinate measuring machines, laser scanners, positioning systems, CAD/CAM software, geospatial tools, asset lifecycle systems, and autonomous technologies. The company serves customers in manufacturing, construction, aerospace, agriculture, mining, public safety, infrastructure, and mobility. Engineers, surveyors, manufacturers, asset owners, governments, and industrial operators use its products. Hexagon reported about 24,500 employees in 50 countries.
About Rocscience
Rocscience develops software for engineering analysis and design. Work at the University of Toronto began in 1987; the company became independent in 1996 and is headquartered in Toronto, Canada. Its tools support civil, geotechnical, mining, structural, hydrogeology and energy projects. Engineers and geoscientists use products such as Slide2, Slide3, RS2, RS3, Settle3, DIPS and RSLog to analyze slopes, excavations, foundations, soil settlement and geological data. Rocscience reports more than 50,000 users across over 120 countries. It lists more than 200 employees worldwide.
