UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) August 20, 2001 AUTODESK, INC. (Exact name of registrant as specified in its charter) Delaware 0-14338 94-2819853 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 111 McInnis Parkway, San Rafael, California 94903 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (415) 507-5000 N/A (Former name or former address, if changed since last report)
Item 2. Acquisition or Disposition of Assets. On August 20, 2001, Autodesk, Inc. (the "Registrant") acquired the remaining outstanding stock of Buzzsaw.com, Inc., a Delaware corporation, for $15 million in cash plus the assumption of liabilities. As of the date of the acquisition, the Registrant held approximately a 40 percent interest in Buzzsaw.com, Inc. A copy of the press release issued by the Registrant on August 28, 2001 regarding the acquisition is attached as Exhibit 99.1 and is incorporated herein by reference. Item 7. Financial Statements and Exhibits. List below the financial statements, pro forma financial information and exhibits, if any, filed as a part of this report. (a) Financial statements of businesses acquired (b) Pro forma financial information Pursuant to Item 7(a) and Item 7(b), the Registrant is required to file certain financial statements with respect to the acquisition of Buzzsaw.com and certain pro forma financial information. As of the date hereof, it is impractical to provide such financial statements, including the notes thereto, as well as the required pro forma financial information. The Registrant expects to file all such required financial statements and pro forma financial information as soon as it is practical, and in any event within the time period required by Item 7(a). (c) Exhibits 99.1 Press Release, dated August 28, 2001, of Registrant. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AUTODESK, INC. (Registrant) Dated: August 31, 2001 /S/ STEVE CAKEBREAD ------------------- Steve Cakebread Senior Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
Exhibit 99.1 Autodesk Completes Buzzsaw Acquisition, Augmenting Its Building Industry Strategy With Leading Online Collaboration and Printing Solutions SAN RAFAEL, CA - August 28, 2001 - Autodesk, Inc., (NASDAQ: ADSK) the world's leading design and digital content creation company, today announced it has completed the acquisition of Buzzsaw (www.buzzsaw.com), a privately held company that provides online project collaboration and print management applications to improve efficiencies and reduce costs for the building industry. Autodesk completed the acquisition by purchasing Buzzsaw's outstanding shares for $15 million in cash. The transaction closed Monday, August 20, 2001. "The Buzzsaw acquisition signifies Autodesk's commitment to identifying the complementary technology and products to help extend its existing business to new markets," said Carol Bartz, Autodesk chairman and CEO. "Integrating Buzzsaw's online collaboration and printing applications with Autodesk software enables the building industry to leverage digital information from design to print to construction, creating new efficiencies and cost savings throughout a building's lifecycle." As a result of the acquisition, Buzzsaw will become part of Autodesk's emerging business group and will continue to operate in San Francisco. Autodesk will continue to support Buzzsaw customers and deliver on its original and current mission: to provide easy-to-use online applications that enable building and printing professionals to save time and reduce costs. Carl Bass, former president and chief executive officer of Buzzsaw has been named executive vice president of emerging business and chief strategy officer at Autodesk. In this new role, Bass will identify and foster new growth opportunities for Autodesk. He will also oversee the operations of Autodesk's emerging businesses, such as Location Services and Buzzsaw, to facilitate appropriate integration strategy with other Autodesk products. The integration of Buzzsaw collaboration and printing solutions will be led by Chris Bradshaw, who will serve as vice president and general manager of the business. The purchase of Buzzsaw is part of Autodesk's strategy to extend its business to complementary new markets. Buzzsaw serves customers across the building design, construction, and management process: building owners and developers, facilities managers, commercial contractors, and reprographers - the consumers of design data created with Autodesk software. With Buzzsaw, the building industry can leverage digital information from design to print to construction, enabling new efficiencies and cost savings throughout a building's lifecycle.
About Autodesk Autodesk is the world's leading design and digital content creation resource. The company provides software and Internet portal services to help customers drive business through the power of design. One of the largest software companies in the world, Autodesk helps more than four million customers in more than 150 countries turn designs into reality. For more information, contact any Authorized Autodesk Reseller, call Autodesk at 800-964-6432, or visit www.autodesk.com. Discreet(TM) product information is available at 800-869-3504 or via the Web at www.discreet.com. Buzzsaw product information is available via ---------------- the web at www.buzzsaw.com. # # # Autodesk and Buzzsaw are either registered trademarks or trademarks of Autodesk, Inc./Buzzsaw, Inc. in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. (c)Copyright 2001 Autodesk, Inc. All rights reserved.