Autodesk BUYS Alias
Just today, Autodesk announced a definitive agreement to acquire Alias, for $182 million in cash. According to Carl Bass, COO of Autodesk, the acquisition will bring to Autodesk a "highly talented group of individuals, a wealth of technologies and a great set of products."
According to the announcement press release, Alias revenues were $83 million in the last year. Comparably, Autodesk's revenue for the same year is $1.2 billion.
A Multimedia Overlord
Since it has been founded in 1982, Autodesk saved no money to buy out its rivals, with the acquisition of Alias being their 14th. After its first acquisition in 1993, that of Woodbourne, Autodesk went on to acquire Softdesk, Genius CAD Software, Discreet Logic, Buzzsaw.com, Media 100, Gentry Systems, Revit Technology, CAiCE Software, truEInnovations, Linius Technologies, VIA Development and MechSoft Technology.
According to Autodesk, it plans to support Alias' products and customers, and does not anticipate any changes with respect to planned product releases for both companies.
For more information on what this transition has to you, as a customer of either companies, you may find some answers in the Acquisition Questions and Answers.
ORG :
http://threedy.com/site/forum/showthread.php?p=390641
Just today, Autodesk announced a definitive agreement to acquire Alias, for $182 million in cash. According to Carl Bass, COO of Autodesk, the acquisition will bring to Autodesk a "highly talented group of individuals, a wealth of technologies and a great set of products."
According to the announcement press release, Alias revenues were $83 million in the last year. Comparably, Autodesk's revenue for the same year is $1.2 billion.
A Multimedia Overlord
Since it has been founded in 1982, Autodesk saved no money to buy out its rivals, with the acquisition of Alias being their 14th. After its first acquisition in 1993, that of Woodbourne, Autodesk went on to acquire Softdesk, Genius CAD Software, Discreet Logic, Buzzsaw.com, Media 100, Gentry Systems, Revit Technology, CAiCE Software, truEInnovations, Linius Technologies, VIA Development and MechSoft Technology.
According to Autodesk, it plans to support Alias' products and customers, and does not anticipate any changes with respect to planned product releases for both companies.
For more information on what this transition has to you, as a customer of either companies, you may find some answers in the Acquisition Questions and Answers.
ORG :
http://threedy.com/site/forum/showthread.php?p=390641
