Benzinga | Apr 15, 2021 09:01AM EDT

Autodesk To Acquire Upchain; Terms Not Disclosed

Autodesk, Inc. (NASDAQ:ADSK) today announced it has signed a definitive agreement to acquire Upchain, a provider of instant-on, cloud-based product lifecycle management (PLM) and product data management (PDM) solutions. The acquisition positions Autodesk to deliver more value for engineers, manufacturers, suppliers and other product stakeholders by increasing collaboration across the decentralized product value chain, regardless of CAD system.