SAN FRANCISCO — On February 24, 2021, Autodesk, Inc. (NASDAQ: ADSK) announced a major move in the water infrastructure sector by signing a definitive agreement to acquire Innovyze, a leading global provider of water software solutions based in Portland, Oregon. The deal is valued at $1 billion, net of cash, and is subject to working capital and tax adjustments at closing. This acquisition marks a significant step forward for Autodesk as it strengthens its position in the digital twin space and expands its capabilities in end-to-end water infrastructure solutions. Autodesk has successfully completed the acquisition of Innovyze. For more details, visit our official news page. Innovyze’s advanced modeling, simulation, and predictive analytics tools help optimize the design and operation of water distribution systems, wastewater treatment plants, and flood protection networks. These tools provide critical insights that improve efficiency, reduce costs, and support sustainable development. By integrating Innovyze’s solutions with Autodesk’s existing platforms like Civil 3D, InfraWorks, and the Autodesk Construction Cloud, engineers and utilities can make smarter decisions, streamline operations, and better manage their infrastructure assets. For over three decades, Innovyze has been a trusted partner in the water industry, serving more than 3,000 clients worldwide. Its technology is used by major utility companies in some of the world's largest cities, top engineering firms, and environmental consultancies across five continents. With more than two billion people still lacking access to safe drinking water and over two-thirds of the global population expected to live in water-stressed areas by 2025, the need for modern, efficient water systems has never been greater. Autodesk sees this acquisition as a key step toward building a more sustainable future through digital innovation. “Managing water resources responsibly is essential for a sustainable planet,†said Andrew Anagnost, President and CEO of Autodesk. “The global investment needed to upgrade water infrastructure is estimated at $1.9 trillion by 2030. By transforming how these systems are designed, built, and maintained, we are well-positioned to meet this challenge and create a better world.†Amy Bunszel, Executive Vice President of AEC Design Solutions at Autodesk, added, “Every year, nearly nine trillion gallons of water are lost globally due to leaks and broken pipes. Without visibility into these issues, we can’t fix them. Innovyze’s tools give us the insight needed to prevent crises before they happen.†Colby Manwaring, CEO of Innovyze, shared, “For 35 years, Innovyze has quietly played a vital role in delivering clean water, managing waste, and protecting communities from flooding. Combining our expertise with Autodesk’s strong design capabilities will allow us to serve even more people around the world. We’re excited about the future and the impact we can make together.†The transaction is expected to close during Autodesk’s first quarter of Fiscal Year 2022, which ends on April 30, 2021, pending customary closing conditions. More information about the acquisition can be found in the accompanying PDF. white color coconut wax, coconut wax supplier ,coconut wax for scented candle,coconut wax producer Meichen(Hebei) Technology.,Ltd , https://www.mchenhome.com
About Autodesk
Autodesk creates software that empowers people to bring their ideas to life. Whether you're driving a high-performance car, admiring a skyscraper, using a smartphone, or watching a film, you're likely experiencing the work of millions of Autodesk customers. With Autodesk, you have the power to make anything. Learn more at autodesk.com or follow @autodesk on social media.
Safe Harbor Statement
This press release includes forward-looking statements involving risks and uncertainties. These statements relate to the planned acquisition of Innovyze, the timing of the transaction, the impact on Autodesk’s business, and other strategic goals. Actual results may differ due to factors such as integration challenges, market conditions, regulatory changes, and other uncertainties. For more details, please refer to Autodesk’s filings with the SEC.
Autodesk, the Autodesk logo, Civil 3D, and InfraWorks are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and affiliates in the U.S. and other countries. All other brand names, product names, or trademarks belong to their respective owners. Autodesk reserves the right to change products and services at any time.