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Autodesk To Acquire Innovyze, Inc. For $1B


Benzinga | Feb 24, 2021 06:51AM EST

Autodesk To Acquire Innovyze, Inc. For $1B

SAN RAFAEL, Calif., Feb. 24, 2021 /PRNewswire/ -- Autodesk, Inc. (NASDAQ:ADSK) today announced it has signed a definitive agreement to acquire Portland, Oregon-based Innovyze, Inc., a global leader in water infrastructure software, for $1 billion net of cash subject to working capital and tax closing adjustments. 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 digitized water industry.






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