Autodesk, Inc. today announced its intent to acquire Robobat, a privately held company based in Grenoble, France that specializes in analysis, design, and steel and concrete detailing software for the structural engineering industry for approximately $42.5 million in USD cash subject to a working capital adjustment. The addition of Robobat technology to the Autodesk portfolio 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.
“Over the past year Autodesk and Robobat have continued to work closely on product integration and to resolve the business issues that prevented Autodesk from completing the acquisition in 2006,” said Jay Bhatt, senior vice president, Autodesk AEC Solutions. “We look forward to finally integrating these new solutions into our portfolio while continuing to invest in our relationships with other structural analysis partners around the world”.
Autodesk will provide further details about the acquisition once the transaction has closed.