HomeBusiness Autodesk Completes Acquisition of iLogic Technology
Autodesk Completes Acquisition of iLogic Technology
Sunday, 21 December 2008
Desktop Design Automation Technology Will Strengthen the Autodesk Solution for Digital Prototyping
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SAN RAFAEL, Calif., Dec. 22 /PRNewswire-FirstCall/ -- Autodesk, Inc. (NASDAQ:ADSK) has completed the acquisition of iLogic software and related technology from Canada-based Logimetrix, Inc.
Autodesk announced its intent to acquire the iLogic desktop design automation technology on December 2, 2008. Terms were not disclosed.
The acquisition supports Autodesk's commitment to providing a comprehensive Digital Prototyping solution to manufacturers of all sizes, giving them the ability to design, visualize and simulate their products before they are built, reducing the reliance on constructing multiple physical prototypes. The addition of the iLogic technology will strengthen the Autodesk solution for Digital Prototyping by bringing user-friendly tools for rules-based design and automation to mainstream manufacturers.
About Autodesk
Autodesk, Inc., is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art Digital Prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit www.autodesk.com