Autodesk Completes Acquisition of Robobat
Acquisition Extends Autodesk's Leadership in Structural Engineering
SAN RAFAEL, Calif., Jan. 15 /PRNewswire-FirstCall/ -- Autodesk, Inc. (NASDAQ: ADSK) today 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. 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.
get the whole story here... http://pressreleases.autodesk.com/index.php?s=press_releases&item=372
I have no idea what this means for me as an Autodesk reseller but I have to believe that it is going to be good. I am excited to see how this is going to impact the Structure front. Hang on... it is gonna be a fun ride!
