International software development firm strengthens Autodesk global
SHANGHAI, China, Oct. 31 /PRNewswire-FirstCall/ -- Autodesk, Inc.
(Nasdaq: ADSK) today announced that it has signed an agreement to acquire
Hanna Strategies, an engineering services firm that offers software
development with centers in Shanghai, China, Atlanta, Georgia and Pune, India.
In 2006, Autodesk purchased an ownership interest in Hanna Strategies and is
now acquiring the remaining ownership. Terms of the transaction were not
"Our goal is to continue building and strengthening Autodesk's development
capabilities," said Carl Bass, president and CEO of Autodesk. "The Hanna
Strategies team consists of experienced professionals and creative thinkers
who will help deliver upon Autodesk's goal of establishing a world-class,
global development network focused on continual innovation."
Autodesk and Hanna Strategies have worked closely together for the last
five years on the development of Autodesk design software products that serve
the manufacturing and building and construction markets. This acquisition will
increase Autodesk's investment in developing solutions for Digital
Prototyping, Building Information Modeling (BIM) and 3D and 2D solutions.
Combining two talented development teams into one unified Autodesk team
will increase the efficiency and capacity of Autodesk's engineering
operations. This unified team will also expand opportunities to attract and
develop top engineering students and experienced professionals in China.
Samir Hanna, president, and Chien-Ming Huang, general manager, of Hanna
Strategies will join Autodesk upon completion of this acquisition. Samir Hanna
will join as a vice president in the Manufacturing Solutions division and
Chien-Ming Huang will become vice president, at Autodesk's China Application
Autodesk, Inc. is the 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,
Autodesk is a registered trademark of Autodesk, Inc., 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
(C) 2007 Autodesk, Inc. All rights reserved.
Contact: Heather Kernahan 415.269.9854 Rosemary Mori 415.547.2474
Email: email@example.com firstname.lastname@example.org
SOURCE Autodesk, Inc. 10/31/2007
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0840 10/31/2007 19:17 EDT http://www.prnewswire.com