With BuildingConnected deal, Autodesk readies customers for the digital wave

Autodesk has all the bases covered with BuildingConnected grab, CEO Andrew Anagnost tells Construction Dive.

Construction is Autodesk Inc.’s next strategic growth area, as evidenced by its three major acquisitions of construction software companies during 2018.

In an effort to expand its cloud-based BIM 360 construction management platform, the $27 billion software giant absorbed data management firm Assemble Systems in July for an undisclosed amount, field management platform PlanGrid in November for $875 million (its biggest acquisition ever), and most recently, bid management platform BuildingConnected for $275 million net cash. Autodesk completed the latter deal, which was announced in December, at market close yesterday.

Read more here: https://www.constructiondive.com/news/with-buildingconnected-deal-autodesk-readies-customers-for-the-digital-wav/546355/

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