📣 Send us your press release
Site updates every 15 minutes
Technology

Hexagon to acquire Rocscience, enhancing geotechnical analysis

Hexagon AB announced an agreement to acquire Rocscience, a provider of geotechnical and engineering analysis software. The deal connects real-world monitoring with advanced simulation.

9 October 2026

STOCKHOLM – Hexagon AB has entered into an agreement to acquire Rocscience, a leading provider of geotechnical and engineering analysis software. The transaction, expected to close in the fourth quarter of 2026, aims to integrate Hexagon's real-time sensor data with Rocscience's advanced simulation models.

Rocscience, headquartered in Toronto, Canada, offers software that helps engineers model the behavior of rock, soil, and structures under various conditions. The company's solutions are used in mining, civil engineering, and the energy sector globally for risk assessment, safety improvement, and decision support. Its AI-assisted workflows, including a natural language interface, make advanced engineering modeling and analysis more accessible and efficient.

Through the acquisition, Rocscience will be integrated into Hexagon's Infrastructure & Geospatial business area's Radar & Monitoring Division. By connecting the continuous data captured by Hexagon's sensors with Rocscience's predictive models, the company aims to create a seamless feedback loop. This will enable earlier detection of risks, faster intervention, and reduced analysis time, thereby enhancing safety and productivity for customers.

Henning Sandfort, President of Hexagon's Infrastructure & Geospatial division, highlighted that Rocscience's software complements Hexagon's sensor and monitoring businesses, particularly in mining and infrastructure applications. The acquisition is expected to be accretive to Hexagon's earnings from closing.

The transaction values Rocscience at an enterprise value of USD 535 million. Rocscience is projected to generate nearly USD 50 million in revenue for the calendar year 2026.

Original source: prnewswire.com