Autodesk to Buy Norway's Spacemaker AI for $240 Million
By Colin Kellaher
Autodesk Inc. on Tuesday said it agreed to buy Norwegian
architecture software startup Spacemaker AI for $240 million, net
Autodesk said Oslo-based Spacemaker provides a cloud-based AI
technology that helps architects, urban designers and real-estate
developers optimize and maximize the potential of a building site,
especially during early-stage design.
The San Rafael, Calif., software maker said it will fund the
acquisition, which it expects to complete by the end of January,
with cash on hand.
Write to Colin Kellaher at firstname.lastname@example.org
(END) Dow Jones Newswires
November 17, 2020 06:55 ET (11:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.