Rocscience Expands Software Portfolio with Acquisition of 3GSM
Retrieved on:
Wednesday, March 13, 2024
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 geologic mapping and analysis software based in Austria.
Key Points:
- 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 geologic mapping and analysis software based in Austria.
- This acquisition marks another strategic move for Rocscience, following its recent acquisition of DIANA FEA, and expands the company’s suite of engineering solutions.
- 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.
- 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.