Expands Autodesk's Plans For Digital City Model Solutions
SAN RAFAEL, Calif., Sept. 8 /PRNewswire-FirstCall/ -- Autodesk, Inc.
(Nasdaq: ADSK) today announced that it has completed the acquisition of
substantially all of the assets of 3D Geo GmbH, the privately held maker of
intelligent 3D urban modeling software. Autodesk announced its intent to
acquire substantially all of the Potsdam, Germany-based company's assets on
August 11, 2008. Terms of the transaction were not disclosed.
The purchased 3D Geo assets will allow Autodesk to offer software and
services for effectively creating, aggregating, analyzing, managing, and
distributing large-scale databases that offer a rich visual model of the urban
"This acquisition extends Autodesk's ability to help customers visualize
urban and infrastructure designs on a city-wide scale. We are looking forward
to working with 3D Geo's customers, partners and employees," said Lisa
Campbell, vice president, Autodesk Geospatial.
For more information please visit http://www.3dgeo.de/
Safe Harbor Statement
This press release contains forward-looking statements that involve risks
and uncertainties, including statements regarding the performance of its
business. Factors that could cause actual results to differ materially include
the following: difficulties encountered in integrating 3D Geo's 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.
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,
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to alter product offerings and specifications at any time without notice, and
is not responsible for typographical or graphical errors that may appear in
(C) 2008 Autodesk, Inc. All rights reserved.
Contact: Brett Smith, 415-547-2405
SOURCE Autodesk, Inc.
of Autodesk, Inc.,
Web site: http://www.autodesk.com