Deal aims to connect geotechnical simulation with live monitoring data across infrastructure and mining projects
Hexagon has signed an agreement to acquire geotechnical analysis software developer Rocscience from TA Associates and the company’s founders and management. The transaction values the Toronto-based business at US$535 million on a cash-free, debt-free basis and is expected to close in the fourth quarter of 2026, subject to customary conditions.
Rocscience develops software for modelling the behaviour of rock, soil and structures, analysing slope stability and ground movement, and assessing the performance of tunnels, dams and other infrastructure. Its products are used by mining, civil engineering and energy customers in around 125 countries. The software also offers AI-assisted workflows, including a natural-language interface.
The acquisition is intended to bring Rocscience’s simulation capabilities together with Hexagon’s sensor and monitoring technologies, including radar monitoring systems. Hexagon envisages a continuous feedback loop in which live sensor data informs, updates and calibrates engineering models throughout design, construction and operation.
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For infrastructure teams, the proposed integration could help connect predictions of ground and structural behaviour with measured site conditions. Hexagon says this would support earlier detection of emerging risks, faster intervention and reduced analysis time. Rocscience will join the Radar & Monitoring Division within Hexagon’s Infrastructure & Geospatial Business Area.
“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 AB.
“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.”
Rocscience is expected to generate revenue approaching US$50 million in 2026, with annual recurring revenue equivalent to more than 80% of revenue. Hexagon expects the acquisition to be accretive to net income from closing and reports EBITAC margins above 40%.
