TORONTO, March 13, 2024—(BUSINESS WIRE)–Rocscience, a leading geotechnical software company based in Toronto, Canada, in collaboration with global private equity firm TA Associates (TA), announces the acquisition of 3GSM, an innovative provider of geological mapping and analysis software based in Austria. This acquisition marks another strategic move for Rocscience, following the recent acquisition of DIANA FEA, and expands the company’s suite of engineering solutions.
3GSM, based in Austria, specializes in user-friendly 3D rock, terrain and object surface assessment software serving the tunneling, mining and civil engineering industries. With this acquisition, Rocscience integrates 3GSM expertise and technologies into its existing offering, ultimately increasing its ability to meet the evolving needs of customers.
dr. Thamer Yacoub, CEO and President of Rocscience, stated: “This acquisition underscores Rocscience’s rapid growth and solidifies our position as a leader in geotechnical software solutions. We are pleased to welcome 3GSM to our team. This strategic move will strengthen us against our competition, increasing our ability to respond to the ever-changing needs of our customers in the field of rock engineering solutions. I am excited about our prospects and journey together.”
Andreas Gaich, Managing Director at 3GSM, shared his excitement about the acquisition, saying: “The software products developed by 3GSM are a perfect complement to Rocscience’s expertise. The team at 3GSM is excited to join Rocscience as we are confident that the combination of our expertise with Rocscience’s resources will lead to the development of even more innovative and impactful solutions for the geotechnical engineering industry.”
The acquisition of 3GSM demonstrates Rocscience’s commitment to providing the best engineering software solutions to its customers. This strategic move will allow Rocscience to expand its product portfolio and continue to lead the industry in innovation and customer satisfaction.
For more information about Rocscience and its geotechnical engineering software solutions, visit Rocscience.com.
About Rocscience
Founded in 1996, Rocscience is a leading developer of 2D and 3D software for civil, mining and geotechnical engineers. For more than 20 years, we’ve built on industry-leading research to create the best geotechnical software available. As engineers, we know how important it is to have reliable software that is easy to use. That’s why we’re constantly developing and improving our programs to make professional solutions that work for thousands of geotechnical engineers around the world. For more information, visit www.rocscience.com.
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