SAN RAFAEL, Calif., Nov. 24,
2020 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK)
today announced the completion of its acquisition of Oslo, Norway-based Spacemaker for $240 million net of cash, representing Autodesk's
thirteenth investment in design and construction solutions
providers in three years, including five acquisitions.
Spacemaker helps architects and urban designers maximize
developers' long-term property investments and realize the full
potential of the site by enabling them to quickly generate,
optimize and iterate on design options taking into consideration
design criteria and data like terrain, maps, wind, lighting,
traffic, zoning, etc. Further, supporting the effort to combat
climate change, Spacemaker offers designers and developers the
ability to consider sustainability options from the start.
The acquisition of Spacemaker provides Autodesk with a powerful
platform to drive modern, user-centric automation and accelerate
outcome-based design capabilities for architects, and urban
designers and planners.
Customers of Spacemaker have seen remarkable results decreasing
project costs and increasing the value of their developments:
- A large European developer saved a year on the planning phase
of a residential development project.
- A large Nordic developer was able to increase density by 16%
while improving the number of apartments with a sea view by 33%,
which could be worth more than €8 million.
- A large architecture firm improved productivity by 50% in
early-phase development projects.
- A large construction firm increased density on a site by about
4%, which added an extra 900m² amounting to an extra €4.5
million.
"I am proud to officially welcome the Spacemaker team to the
Autodesk family," said Andrew
Anagnost, CEO of Autodesk. "Now we get to the important work
of developing the integration roadmap between Spacemaker and our
existing design portfolio and introducing the Spacemaker team to
our architecture customers worldwide."
"From the outset, Autodesk demonstrated great appreciation for
Spacemaker's team, technology and vision, which made the decision
to become a part of Autodesk a straight-forward one," said Håvard
Haukeland, CEO and co-founder of Spacemaker. "We appreciate those
customers who embraced Spacemaker early on, and we look forward to
not only deepening those relationships but to creating new
partnerships with design teams around the world."
"Bouygues Immobilier is committed to being one of the most
climate-conscious real estate development firms in the world
requiring an ever-evolving exploration of digital tools to support
the effort," said Pascal Minault,
Chairman of Bouygues Immobilier. "Spacemaker is one such tool which
allows us to design and build in a way which reflects our corporate
values."
About Autodesk
Autodesk makes software for people who
make things. If you've ever driven a high-performance car, admired
a towering skyscraper, used a smartphone, or watched a great film,
chances are you've experienced what millions of Autodesk customers
are doing with our software. Autodesk gives you the power to make
anything. For more information visit autodesk.com or follow
@autodesk.
Autodesk and the Autodesk logo are registered trademarks or
trademarks of Autodesk, Inc., and/or its subsidiaries and/or
affiliates in the USA and/or other
countries. All other brand names, product names or trademarks
belong to their respective holders. Autodesk reserves the right to
alter product and services offerings, and specifications and
pricing at any time without notice, and is not responsible for
typographical or graphical errors that may appear in this
document.
Safe Harbor Statement
This press release contains
forward-looking statements that involve risks and uncertainties,
including statements regarding the integration of Spacemaker and
the impact of the transaction on Autodesk's and Spacemaker's
products and services capabilities, customers, and
partners.
Factors that could cause actual results to differ materially
include the following: Autodesk's ability to successfully integrate
Spacemaker's business; costs related to the acquisition; whether
the building infrastructure and design industry grows as
anticipated; the competitive environment in the building
infrastructure and design industry and competitive responses to the
acquisition; Autodesk and Spacemaker's success developing new
products or modifying existing products and the degree to which
these gain market acceptance; general market and business
conditions; and any unanticipated impact of accounting for
acquisition.
Further information on potential factors that could affect
the financial results of Autodesk are included in Autodesk's Form
10-K and subsequent Forms 10-Q, which are on file with the U.S.
Securities and Exchange Commission. Autodesk disclaims any
obligation to update the forward-looking statements provided to
reflect events that occur or circumstances that exist after the
date on which they were made.
We may make statements regarding planned or future
development efforts for our existing or new products and services.
These statements are not intended to be a promise or guarantee of
future delivery of products, services or features but merely
reflect our current plans, which may change. Purchasing decisions
should not be made based upon reliance on these statements. The
Company assumes no obligation to update these forward-looking
statements to reflect events that occur or circumstances that exist
or change after the date on which they were made.
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SOURCE Autodesk, Inc.