Breaking News

Cognizant to Buy Trizetto for About $2.7 Billion in Merger of Healthcare IT Providers
Tweet TWEET

Autodesk Completes Acquisition of Allpoint Systems Technology

  Autodesk Completes Acquisition of Allpoint Systems Technology

Business Wire

SAN RAFAEL, Calif. -- January 31, 2013

Autodesk, Inc. (NASDAQ: ADSK), the leader in cloud-based design and
engineering software, has completed the acquisition of technology and a
development team from Allpoint Systems LLC, a Pittsburgh, PA-based developer
of software and solutions for collecting and processing LiDAR (laser) point
cloud data. The Allpoint Systems team and technology will help Autodesk expand
the development of cloud-based reality capture software and solutions. Terms
of the transaction were not disclosed.

The acquisition of Allpoint Systems reflects Autodesk’s continued investment
in developing sophisticated, easy-to-use reality capture technologies. Reality
capture is the practice of creating digital models of physical objects and
spaces using photography, laser scanning and other technologies.

Allpoint Systems, LLC offers software and data processing solutions for
collecting and processing LiDAR data to the roadway and building markets. The
Allpoint Systems technology and team will bring to Autodesk significant data
registration, automation and robotics technology and expertise that will
expand Autodesk’s portfolio of reality capture software. The Allpoint Systems
technology complements existing Autodesk capabilities, including previously
acquired technology from Alice Labs and RealViz.

“Autodesk has a long history of making design technology more accessible, and
this acquisition is a critical part of our effort to make it easier for our
customers tostart their design processes with models based on reality,
instead of a blank page,” said Amar Hanspal, Autodesk senior vice president of
Information Modeling and Platform Products. “We welcome the Allpoint team’s
help accelerating the development of new reality capture solutions that make
the most of the nearly infinite computational power of the cloud.”

Business Outlook

This transaction is expected to have no impact on guidance issued on November
15, 2012.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and
uncertainties, including statements regarding: the impact of the acquisition
on Autodesk's product and services offerings, the impact of the acquired
technology on Autodesk's products and services capabilities, the impact of the
acquisition on end-user functionality and workflow integration, and the
accelerated expansion of Autodesk’s cloud-based reality capture software and
solutions. Factors that could cause actual results to differ materially
include the following: difficulties encountered in integrating the Allpoint
Systems technology; costs related to the acquisition; whether certain market
segments grow as anticipated; the competitive environment in the software
industry and competitive responses to the acquisition; our success developing
new products or modifying existing products and the degree to which these gain
market acceptance; general market and business conditions; the timing and
degree of expected investments in growth opportunities; pricing pressure;
failure to achieve continued cost reductions and productivity increases;
changes in the timing of product releases and retirements; failure of key new
applications to achieve anticipated levels of customer acceptance; failure to
achieve continued success in technology advancements; interruptions or
terminations in the business of our consultants or third party developers; the
expense and impact of legal or regulatory proceedings; and unanticipated
impact of accounting for acquisitions.

Further information on potential factors that could affect the financial
results of Autodesk are included in the company's annual report on Form 10-K
for the year ended January 31, 2012, and Form 10-Q for the quarter ended
October 31, 2012, which are on file with the Securities and Exchange
Commission. Autodesk does not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made.

About Autodesk

Autodesk, Inc. is a leader in 3D design, engineering and entertainment
software. Customers across the manufacturing, architecture, building,
construction, and media and entertainment industries ― including the last 17
Academy Award winners for Best Visual Effects — use Autodesk software to
design, visualize and simulate their ideas. Since its introduction of AutoCAD
software in 1982, Autodesk continues to develop the broadest portfolio of
state-of-the-art software for global markets. For additional information about
Autodesk, visit www.autodesk.com.

Autodesk and AutoCAD are registered trademarks or trademarks of Autodesk,
Inc., and/or its subsidiaries and/or affiliates in the USA and/or other
countries. Academy Award is a registered trademark of the Academy of Motion
Picture Arts and Sciences. All other brand names, product names or trademarks
belong to their respective holders. Autodesk reserves the right to alter
product and services offerings, and specifications and pricing at any time
without notice, and is not responsible for typographical or graphical errors
that may appear in this document.

© 2013 Autodesk, Inc. All rights reserved.

Contact:

Autodesk, Inc.
Angela Simoes, 415-302-2934
angela.simoes@autodesk.com
 
Press spacebar to pause and continue. Press esc to stop.