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Autodesk to Acquire Innovyze for USD 1bn to Expand Water Infrastructure Solutions
Thursday 25 February 2021

California-based Autodesk, Inc. (NASDAQ: ADSK) has agreed to acquire Portland, Oregon-based water infrastructure modeling and simulations technology provider Innovyze, Inc. for USD 1bn net of cash, the company said.

The acquisition positions Autodesk as a technology leader in end-to-end water infrastructure solutions from design to operations, accelerates Autodesk's digital twin strategy, and creates a clearer path to a more sustainable and digitised water industry.

Combining Innovyze's portfolio with Autodesk's design and analysis solutions, including Autodesk Civil 3D, Autodesk InfraWorks, and the Autodesk Construction Cloud, offers civil engineers, water utility companies and water experts the ability to better respond to issues and to improve planning.
Date Published: 25/02/2021