SAN
RAFAEL, Calif. & LAS VEGAS - Autodesk, Inc., a leader
in 3D design, engineering and entertainment software, announced that it has
signed a definitive agreement to acquire Horizontal Systems, a provider of
innovative cloud-based Building Information Modeling (BIM)
collaboration solutions for the Architecture, Engineering, and Construction
(AEC) industry. The transaction is subject to customary closing conditions and
is expected to close in Autodesk’s fourth quarter of fiscal 2012 (which ends on
Jan. 31, 2012). Terms of the transaction were not disclosed.
“Horizontal Systems technology will help accelerate our Autodesk
360 for BIM capabilities by allowing multi-discipline teams to more easily
communicate and synchronize information--helping reduce waste and errors during
the design and construction of AEC projects and leading to faster, more
efficient project delivery”
Horizontal Systems technology will be an important contributor to the Autodesk 360
for BIM vision for collaboration, data and
lifecycle management, which was announced yesterday at Autodesk University. The
acquisition of Horizontal Systems will help accelerate the movement of BIM to
the cloud by providing users with the ability to more easily access and
coordinate multi-discipline project data wherever and whenever it is needed
throughout the entire project lifecycle.
“Horizontal Systems technology will help accelerate our Autodesk
360 for BIM capabilities by allowing multi-discipline teams to more easily
communicate and synchronize information--helping reduce waste and errors during
the design and construction of AEC projects and leading to faster, more
efficient project delivery,” said Jim Lynch, vice president, Architecture,
Engineering and Construction Solutions, Autodesk. “The integration of
Horizontal Systems technology with other Autodesk BIM solutions will streamline
business processes and workflows for increased efficiency, improved
profitability, and higher quality outcomes for both Autodesk and Horizontal
Systems customers.”
Horizontal Glue brings BIM to the cloud with technology that
supports multi-discipline model collaboration and intelligent object data
exchange for the building and infrastructure industries. This approach enables
architects, engineers, owners and builders across the globe to collaborate in
real time in over 40 different 3D formats, while providing a solution to
distribute BIM data into external business systems.
“Autodesk has long been a valued business partner, sharing our
dedication to advancing BIM across multi-discipline teams, workflows, and
projects,” said Jordan Brandt, CEO and cofounder at Horizontal Systems. “Our
customers will experience the benefit of ‘gluing’ together Horizontal Systems’
cloud technology with the comprehensive portfolio of Autodesk BIM software. The
Autodesk 360 for BIM vision is a perfect fit for our customers, as this
integrated and flexible strategy makes it easier than ever for everyone to
collaborate.”
Autodesk intends to integrate Horizontal Systems solutions into
its Autodesk 360 for BIM solution. During the transition, Autodesk will
continue to fully support existing Horizontal Systems customers.
For additional information about Autodesk, visitwww.autodesk.com.
Autodesk Acquires Horizontal Systems
November 30, 2011
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