Rocscience continues to grow its global footprint with the acquisition of Vancouver-based geotechnical software provider
Rocscience Inc., Canada’s largest provider of geotechnical software solutions announced that it had acquired Vancouver-based geotechnical software provider, NovoTech Software.
In a prepared statement, Rocscience said this strategic acquisition strengthens the company’s current position in the market and will allow it 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 organization,” says Dr. Thamer Yacoub, CEO and president of Rocscience Inc. “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.”
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, the chief technology officer 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.”