SAN RAFAEL, Calif.--(BUSINESS WIRE)--Jan. 31, 2013--
Autodesk,
Inc. (NASDAQ: ADSK), the leader in cloud-based design and
engineering software, has completed the acquisition of technology and a
development team from Allpoint Systems LLC, a Pittsburgh, PA-based
developer of software and solutions for collecting and processing LiDAR
(laser) point cloud data. The Allpoint Systems team and technology will
help Autodesk expand the development of cloud-based reality capture
software and solutions. Terms of the transaction were not disclosed.
The acquisition of Allpoint Systems reflects Autodesk’s continued
investment in developing sophisticated, easy-to-use reality capture
technologies. Reality capture is the practice of creating digital models
of physical objects and spaces using photography, laser scanning and
other technologies.
Allpoint Systems, LLC offers software and data processing solutions for
collecting and processing LiDAR data to the roadway and building
markets. The Allpoint Systems technology and team will bring to Autodesk
significant data registration, automation and robotics technology and
expertise that will expand Autodesk’s portfolio of reality capture
software. The Allpoint Systems technology complements existing Autodesk
capabilities, including previously acquired technology from Alice Labs
and RealViz.
“Autodesk has a long history of making design technology more
accessible, and this acquisition is a critical part of our effort to
make it easier for our customers to start their design processes with
models based on reality, instead of a blank page,” said Amar Hanspal,
Autodesk senior vice president of Information Modeling and Platform
Products. “We welcome the Allpoint team’s help accelerating the
development of new reality capture solutions that make the most of the
nearly infinite computational power of the cloud.”
Business Outlook
This transaction is expected to have no impact on guidance issued on
November 15, 2012.
Safe Harbor Statement
This press release contains forward-looking statements that involve
risks and uncertainties, including statements regarding: the impact of
the acquisition on Autodesk's product and services offerings, the impact
of the acquired technology on Autodesk's products and services
capabilities, the impact of the acquisition on end-user functionality
and workflow integration, and the accelerated expansion of Autodesk’s
cloud-based reality capture software and solutions. Factors that could
cause actual results to differ materially include the following:
difficulties encountered in integrating the Allpoint Systems technology;
costs related to the acquisition; whether certain market segments grow
as anticipated; the competitive environment in the software industry and
competitive responses to the acquisition; our success developing new
products or modifying existing products and the degree to which these
gain market acceptance; general market and business conditions; the
timing and degree of expected investments in growth opportunities;
pricing pressure; failure to achieve continued cost reductions and
productivity increases; changes in the timing of product releases and
retirements; failure of key new applications to achieve anticipated
levels of customer acceptance; failure to achieve continued success in
technology advancements; interruptions or terminations in the business
of our consultants or third party developers; the expense and impact of
legal or regulatory proceedings; and unanticipated impact of accounting
for acquisitions.
Further information on potential factors that could affect the financial
results of Autodesk are included in the company's annual report on Form
10-K for the year ended January 31, 2012, and Form 10-Q for the quarter
ended October 31, 2012, which are on file with the Securities and
Exchange Commission. Autodesk does not assume any obligation to update
the forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made.
About Autodesk
Autodesk, Inc. is a leader in 3D
design, engineering and entertainment software. Customers across the
manufacturing, architecture, building, construction, and media and
entertainment industries ― including the last 17 Academy Award winners
for Best Visual Effects — use Autodesk software to design, visualize and
simulate their ideas. Since its introduction of AutoCAD software in
1982, Autodesk continues to develop the broadest portfolio of
state-of-the-art software for global markets. For additional information
about Autodesk, visit www.autodesk.com.
Autodesk and AutoCAD are registered trademarks or trademarks of
Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA
and/or other countries. Academy Award is a registered trademark of the
Academy of Motion Picture Arts and Sciences. All other brand names,
product names or trademarks belong to their respective holders. Autodesk
reserves the right to alter product and services offerings, and
specifications and pricing at any time without notice, and is not
responsible for typographical or graphical errors that may appear in
this document.
© 2013 Autodesk, Inc. All rights reserved.
Source: Autodesk, Inc.
Autodesk, Inc.
Angela Simoes, 415-302-2934
angela.simoes@autodesk.com