Deal Will Enable Autodesk Seek Web Service to Accelerate Engagement with
Network of Building Product Manufacturers
SAN RAFAEL, Calif., Dec. 15 /PRNewswire-FirstCall/ -- Further enhancing
its portfolio of solutions for building information modeling (BIM), Autodesk,
Inc. (Nasdaq: ADSK), a leader of design innovation software and technologies,
announced that it has signed a definitive agreement to acquire substantially
all of the assets of BIMWorld, a privately-owned business specializing in the
production and distribution of branded BIM content for building product
manufacturers. Terms of the acquisition were not disclosed.
Autodesk plans to combine BIMWorld with Autodesk Seek, its online source
for building product design information that allows architects and engineers
to search, select and specify building products directly from their design
applications. Autodesk Seek is a search-based Web service available in the
2009 U.S. versions of Autodesk's Revit-based software applications for BIM, as
well as AutoCAD, AutoCAD Architecture and AutoCAD MEP software. Autodesk Seek
is also available through standard browsers at http://seek.autodesk.com.
"The vision for Autodesk Seek is to be a leading online destination and
one-stop-shop for high quality building product information and design files,"
said Jeff Wright, Autodesk senior director of Content Solutions. "By joining
forces with the BIMWorld team, we will strengthen the leadership of Autodesk
Seek as a powerful marketing solution for building product manufacturers, and
by further leveraging our strategic content partners, accelerate designers'
access to a breadth of rich product information and design files for use
during the design process."
About Autodesk
Autodesk, Inc., is a world leader in 2D and 3D design software for the
manufacturing, building and construction, and media and entertainment markets.
Since its introduction of AutoCAD software in 1982, Autodesk has developed the
broadest portfolio of state-of-the-art Digital Prototyping solutions to help
customers experience their ideas before they are real. Fortune 1000 companies
rely on Autodesk for the tools to visualize, simulate and analyze real-world
performance early in the design process to save time and money, enhance
quality and foster innovation. For additional information about Autodesk,
visit www.autodesk.com.
Safe Harbor
This press release contains forward-looking statements that involve risks
and uncertainties, This press release contains forward-looking statements that
involve risks and uncertainties, including statements regarding the impact of
the acquisition on Autodesk's product offerings and the performance of its
business. Factors that could cause actual results to differ materially include
the following: difficulties encountered in closing the acquisition of and
integrating the BIMWorld business; whether certain market segments grow as
anticipated; the competitive environment in the software industry and
competitive responses to the acquisition; and whether Autodesk can
successfully develop new products or modify existing products and the degree
to which these gain market acceptance.
Further information on potential factors that could affect the financial
results of Autodesk are included in the company's reports on Form 10-K for the
year ended January 31, 2008, and Form 10-Q for the quarter ended October 31,
2008, which are on file with the Securities and Exchange Commission.
Autodesk, AutoCAD and Revit are registered trademarks or trademarks of
Autodesk, Inc., and/or its subsidiaries and/or affiliates, in the USA and/or
other countries. All other brand names, product names, or trademarks belong to
their respective holders. Autodesk reserves the right to alter product
offerings and specifications at any time without notice, and is not
responsible for typographical or graphical errors that may appear in this
document.
(C) 2008 Autodesk, Inc. All rights reserved.
Media
Noah Cole
Tel: +1-415-200-6310
Email: noah.cole@autodesk.com
Investors
David Gennarelli
Tel: +1-415-507-6033
Email: david.gennarelli@autodesk.com
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SOURCE Autodesk, Inc.
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