logo
Plus   Neg
Share
Email

Autodesk To Buy Spacemaker - Quick Facts

Autodesk, Inc. (ADSK) has agreed to acquire Spacemaker for $240 million net of cash. Based in Oslo, Norway, Spacemaker uses cloud-based, artificial intelligence, and generative design to help architects, urban designers, and real estate developers make more informed early-stage design decisions faster. The acquisition is anticipated to complete during the company's fourth quarter of fiscal 2021.

"Spacemaker is a lesson in the power of insights and automation, giving designers the ability to create and test urban design ideas in minutes," said Andrew Anagnost, CEO and President of Autodesk.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT