Autodesk Inc. (ADSK: Quote) announced it has acquired certain assets of HSMWorks Aps, a developer of computer aided manufacturing software, based in Copenhagen, Denmark. Terms of the transaction were not disclosed. Autodesk said the transaction is expected to have no impact on guidance issued on August 23.
Buzz Kross, Autodesk senior vice president, design, simulation and lifecycle products, said, "The acquisition of the HSMWorks technology brings machining expertise and next-generation CAM technology to the world's most comprehensive portfolio of manufacturing software. Autodesk has a long history of making design and engineering technology more accessible, and we look forward to bringing HSMWorks' CAM technology to a broader group of users."
Autodesk intends to integrate the HSMWorks technology with its industry leading software and cloud services for manufacturing, and will make current HSMWorks products available for purchase and HSMXpress available as a free download.
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by RTT Staff Writer
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