Datacor expands engineering simulation portfolio with acquisition of GoldSim Technology Group
FLORHAM PARK, NJ, March 18, 2026 /PRNewswire/ — Datacor, Inc., a leading provider of software for engineers, process manufacturers and chemical distributors, today announced the acquisition of GoldSim Technology Group, a developer of dynamic simulation software used to model and analyze complex systems under uncertainty.
The acquisition deepens Datacor’s engineering simulation portfolio, which includes CHEMCAD chemical process simulation software and the pipe flow modeling suite (formerly Applied Flow Technology). The GoldSim simulation platform adds system-level modeling and probabilistic risk assessment to that portfolio and is used across a wide range of industries including energy, environment and mining.
“GoldSim has spent more than 25 years building simulation software that engineering teams in some of the world’s most complex, high-stakes fields have come to rely on,” said Tom Jackson, president of Datacor. “This acquisition reflects our continued investments in industry-specific solutions and our commitment to helping engineers apply the power of simulation to a broader range of their work.”
“We have always been defined by the power, quality and flexibility of our software and our commitment to the customers who depend on it,” said Rick Kossik, president and co-founder of GoldSim Technology Group. “By joining Datacor, we have the resources and reach to further develop that standard.”
About Datacor
Datacor is a leading provider of industry-specific solutions that help process manufacturers, chemical distributors and engineers grow, operate and improve their businesses. Backed by deep industry experience and a commitment to continuous improvement, we go beyond software and act as true partners in solving complex process challenges. For those looking for greater visibility and control, Datacor is the trusted source for proven technology and expertise to achieve great results together. More information can be found at www.datacor.com.
About GoldSim Technology Group
GoldSim Technology Group develops Monte Carlo simulation software for dynamic modeling of complex systems in the fields of technology, science and business. GoldSim supports decision-making and risk analysis by simulating future performance while quantitatively representing uncertainty and risks. Organizations around the world use GoldSim to evaluate and compare alternative designs, plans and policies to minimize risks and make better decisions. More information can be found at www.goldsim.com.
Media contact
Jinelle Cioffi
Director of Brand and Corporate Communications
jlcioffi@datacor.com
+1 (862) 294-0354
SOURCE Datacor, Inc.
