Autodesk to Acquire Structural Fabrication & Detailing Technology from Graitec

Autodesk, Inc. has signed an agreement with Graitec shareholders in order to acquire certain technologies, including Graitec's Advanced Steel and Advanced Concrete product lines and employees.  This addition to Autodesk will further enhance their product offers for structural engineering along with their portfolio of technology for Building Information Modeling (BIM) for structural fabrication and detailing.

According to Amar Hanspal, Autodesk senior vice president of Information Modeling and Platform Products, Autodesk is committed to offering its users the most comprehensive engineering tools.  The acquisition of Graitec technology "will provide our customers with a more seamless structural engineering workflow from design to fabrication and to construction, with enhanced offerings for structural steel and concrete detailing." 

Graitec, a company based out of France,  provides CAD and engineering software for structural engineering, civil engineering and building construction globally. Its products support BIM-based steel and reinforced concrete workflows.  The company will continue to produce  BIM software and services to complement Autodesk, so that the industry can continue to pursue maximum efficiency and performance. 

The acquisition is likely to occur at the close of the 4th quarter of the fiscal year 2014. 

This article was derived from the press release titled "Autodesk Signs Agreement to Acquire Structural Fabrication and Detailing Technology from Graitec, published on October 2, 2013 in Market Watch.