MERGERS & acquisitions, COMPUTER software industry, and CAD/CAM systems
The article reports on the acquisition by Autodesk Inc. of Algor Inc., a provider of analysis and simulation software, for about $34 million. The computer aided engineering software of Algor is used for product design and development in the automotive, aerospace and utilities industries. The transaction will strengthen the Autodesk solution for Digital Prototyping with new advanced simulation functionality. Autodesk executive Robert Kross said the company strives to offer manufacturers the most comprehensive Digital Prototyping solution on the market. Algor's software and services allow complex simulations on products ranging from mobile phones to oil pipelines.
NEW product development, COMPUTER software industry, COMPUTER software, and PRODUCT lines
This article announces the launching by Autodesk, a software company based in San Rafael, California, of its 2010 line of two-dimensional and three-dimensional design and engineering software. The company has about 50 new product offering new features and functionality for digital prototyping, building information modeling and infrastructure modeling. It explains that Autodesk has improved sustainable design and engineering functionality across its product lines.