February 1, 2008—Autodesk, Inc., has completed the acquisition of Robobat, a company that provides software for structural engineering analysis, design, and steel and concrete detailing.
The acquisition complements Autodesk’s current structural engineering software offerings and will help Autodesk provide a more complete set of well-integrated solutions to the structural engineering industry, according to the company.
On November 15, 2007, Autodesk announced the agreement to acquire Robobat, a privately held company based in Grenoble, France. The acquisition was completed January 15, 2008 for approximately $42.5 million in USD cash subject to a working capital adjustment.
Autodesk’s acquisition of Robobat supports the company’s vision for building information modeling (BIM) and will enable Autodesk to develop structural analysis and detailing solutions that leverage the information at the heart of BIM, from design to fabrication. Autodesk plans to continue support for current Robobat products while working to develop new solutions for structural engineering, detailing and analysis that incorporate both Robobat and Autodesk technology.
Autodesk, Inc. is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real.
For more information visit the Autodesk and AutoCAD Web sites, as well as the Autodesk FMLink ad .
