Autodesk Completes BuildingConnected Acquisition
BuildingConnected is the largest and most active digital network in the construction industry with 700,000 construction professionals using the platform. It centralizes the bid management process and simplifies communication to make finding, qualifying and selecting the right subcontractors or responding to the right project opportunities fast and easy. Owners and general contractors use BuildingConnected to manage the bidding, qualification and bid evaluation process from one central location, while subcontractors and vendors can manage their opportunities and win more work.
"BuildingConnected's bid management and risk analysis solution enables contractors to find the right people for the right project and provides
"Greater transparency, better collaboration, and an efficient bidding process are essential for delivering complex construction projects. Customers are demanding advanced digital solutions and preconstruction processes that empower them to have more confidence in their data, work smarter, and connect across the project lifecycle," said
"With the acquisition of BuildingConnected, we now have a strong portfolio for empowering the technological transformation of the construction industry," said
Business Outlook and Terms
The acquisition will have no material impact on
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This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding: the impact of the acquisition on
Factors that could cause actual results to differ materially include the following:
Further information on potential factors that could affect the financial results of
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BuildingConnected is a leading preconstruction platform enabling real estate owners and general contractors to hire qualified contractors for their projects. BuildingConnected's mission is to connect every business in the
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