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News Release from: Autodesk | Subject: Acquisition of Robobat
Edited by the Buildingtalk Editorial
Team on 24 January 2008
Autodesk complete acquisition of Robobat
Robobat acquisition extends Autodesk's leadership in structural engineering.
Autodesk announced that it has completed the acquisition of Robobat for approximately $42.5 million in USD cash subject to a working capital adjustment On November 15, 2007, Autodesk announced an agreement to acquire Robobat, a privately-held company based in Grenoble, France, that provides software for structural engineering analysis, design, and steel and concrete detailing
This article was originally published on Buildingtalk on 29 May 2003 at 8.00am (UK)
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The acquisition complements Autodesk's current structural engineering software offerings and will help Autodesk provide a more complete set of well integrated solutions to the structural engineering industry.
Autodesk's acquisition of Robobat supports the company's vision for building information modeling (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.
Autodesk plans to continue support for current Robobat products while working to develop new solutions for structural engineering, detailing and analysis that incorporate both Robobat and Autodesk technology.
"We're happy to welcome Robobat customers, partners, and employees to the Autodesk community." said Jay Bhatt, Autodesk senior vice president, architecture, engineering and construction (AEC).
"And we're particularly excited to integrate the Robobat technology with Revit Structure, which will further extend the power of BIM to structural engineers, designers and drafters around the world".
"Robobat is excited to join Autodesk and introduce our software to new audiences around the world said Andre Niznik, CEO, Robobat.
"We also look forward to incorporating Robobat and Autodesk technology to create innovative new solutions for our structural engineering customers".
The combined company provides software to many of the world's leading engineering firms including Arup, Buro Happold, Thorton-Tomasetti, WSP Cantor Seinuk, and Walter P Moore.
Autodesk's structural engineering software has been used on many high-profile projects including the Freedom Tower, Stade de France, Shanghai South Rail Station, Athens Olympic Stadium, Millau Viaduct, and the hangar for the Airbus A380 aircraft. Request a free brochure from Autodesk ...
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