Autodesk Completes Acquisition of Robobat16 Jan, 2008
Company aims to develop new solutions for structural engineering, detailing, and analysis that leverage BIM technology.
Autodesk announced on Tuesday that the company has completed the acquisition of Robobat for approximately $42.5 million in cash, subject to a working capital adjustment. Robobat is a privately held company based in Grenoble, France, that provides software for structural engineering analysis, design, and steel and concrete detailing.
Autodesk reports that its acquisition of Robobat 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. Autodesk plans to continue support for current Robobat products while working to develop new solutions for structural engineering, detailing, and analysis that incorporate both Robobat and Autodesk technology.
"We're happy to welcome Robobat customers, partners, and employees to the Autodesk community," said Jay Bhatt, Autodesk senior vice-president, AEC. "And we're particularly excited to integrate the Robobat technology with Revit Structure, which will further extend the power of BIM to structural engineers, designers, and drafters around the world."
"Robobat is excited to join Autodesk and introduce our software to new audiences around the world," said Andre Niznik, CEO of Robobat. "We also look forward to incorporating Robobat and Autodesk technology to create innovative new solutions for our structural engineering customers."
In her easy-to-follow, friendly style, long-time Cadalyst contributing editor and Autodesk Technical Evangelist Lynn Allen guides you through a new feature or time-saving trick in every episode of her popular AutoCAD video tips. Subscribe to the free Cadalyst Video Picks newsletter and we'll notify you every time a new video tip is published. All exclusively from Cadalyst!