Design software maker Autodesk, Inc. (ADSK) Saturday revealed a definitive agreement to acquire Tinkercad, an easy-to-use browser-based 3D design tool.
The transaction is expected to close within the next 30 days and is expected to have no impact on guidance issued on May 16.
The addition of Tinkercad is expected to help broaden the popular Autodesk 123D family of apps. It is also expected to support Autodesk's vision to help anybody imagine, design and create anything.
The acquisition will also revive the Tinkercad service and community, in spite of a previously announced shutdown by its founders and creators.
Autodesk plans to keep the Tinkercad service available as part of its consumer portfolio. The company also intends to incorporate elements of the Tinkercad technology and user experience into the Autodesk 123D family of products as part of its effort to make 3D design easier and more accessible to everyone.
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