TORONTO–(BUSINESS WIRE)–Rocscience Inc., Canada’s largest provider of geotechnical software solutions announced today that they have acquired Vancouver-based geotechnical software provider, NovoTech Software.
This strategic acquisition strengthens Rocscience’s current position in the market and will allow the company to branch out into new areas of geotechnical software development. Rocscience’s track record of creating value for its users through continuous feedback and innovation will now also extend to NovoTech customers.
“At Rocscience, our goal is creating software solutions based on user needs and our tagline, ‘Geotechnical tools, inspired by you’ embodies the message of how we operate as an organisation. NovoTech Software shares a similar sentiment when it comes to their users which is why we fully believe that customers of both organizations will only stand to benefit from this acquisition,” Dr. Thamer Yacoub, CEO and President of Rocscience Inc., said.
Over the next few months, Rocscience will be working with the team at NovoTech to streamline the operations of both companies. At present, NovoTech Software will continue to operate under its own name and NovoTech customers will not face any immediate change with regards to their subscriptions and purchases.
As part of the arrangement, CTO of NovoTech Software, Alireza Afkhami will join Rocscience and lead the Web Applications Development team. “I have always been impressed with the technical depth and customer focus of the Rocscience team,” says Alireza. “I am thrilled to be part of their success going forward – which includes having access to their global resources and expertise to provide an even brighter future for NovoTech customers.”
About Rocscience Inc.: Founded in 1996, Rocscience is a world leader in developing 2D and 3D software for civil, mining, and geotechnical engineers. For over 20 years, we have built on leading-edge research to create the best geotechnical software available. As engineers ourselves, we know the importance of having reliable and easy-to-use software. That is why we constantly develop and refine our programs to make expert solutions that work for thousands of geotechnical engineers around the globe.
[Editor] NovoTech Software is a sponsor of GeoPrac.net. [/Editor]