# Sandvik to acquire mine optimization software provider Polymathian

Sandvik has signed an agreement to acquire Polymathian Industrial Mathematics, an Australia-based provider of advanced mine optimization software and services. The acquisition will be reported in Digital Mining Technologies within Sandvik Mining and Rock Solutions.

- Type: Acquisition
- Announced: 2022-11-01
- Where: Brisbane, Australia, Australia
- Status: announced
- Products: mine optimization software, automated decision-making software, process optimization software
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Sandvik](https://endata.com/companies/6190.md) (acquirer)
- [Polymathian Industrial Mathematics](https://endata.com/companies/66271.md) (target)

## Sources

- [mining.sandvik](https://www.mining.sandvik/en/news-and-media/news-archive/2022/11/sandvik-to-acquire-advanced-mine-optimization-software-provider-polymathian-industrial-mathematics/), 2022-11-01: "With the acquisition of Polymathian we continue to broaden our offering to enhance productivity in our mining customers’ value chain."
- [im-mining.com](https://im-mining.com/2022/11/14/sandvik-to-pair-polymathian-portfolio-with-deswik-solutions-for-unique-combination/), 2022-11-14: "With the acquisition of Polymathian we continue to broaden our offering to enhance productivity in our mining customers’ value chain."
- [e-mj.com](https://www.e-mj.com/departments/suppliers-report/sandvik-redpath-sign-framework-agreement/), 2022-12-20: "Polymathian’s automated decision-making and process optimization, together with Deswik’s software tools for planning and managing production, represent a unique combination in the market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.