Product category:
Building and Site Management
News Release from: Autodesk
Edited by the Buildingtalk Editorial
Team on 20 November 2007
Autodesk announces intent to acquire
Robobat
Autodesk has announced its intent to acquire Robobat, that specialises in analysis, design, and steel and concrete detailing software for the structural engineering industry.
Autodesk has announced its intent to acquire Robobat for approximately $42.5 million in USD cash subject to a working capital adjustment The addition of Robobat technology to the Autodesk portfolio supports the company's vision for building information modelling (BIM) and will enable Autodesk to develop structural analysis and detailing solutions that leverage the information at the heart of BIM from design to fabrication
This article was originally published on Buildingtalk on 29 May 2003 at 8.00am (UK)
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"Over the past year Autodesk and Robobat have continued to work closely on product integration and to resolve the business issues that prevented Autodesk from completing the acquisition in 2006," said Jay Bhatt, senior vice president, Autodesk AEC Solutions.
"We look forward to finally integrating these new solutions into our portfolio while continuing to invest in our relationships with other structural analysis partners around the world".
Autodesk will provide further details about the acquisition once the transaction has closed. Request free introductory details about products from Autodesk ...
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