Autodesk Acquires FEA Vendor PlassoTech
 SAN
RAFAEL, CA, Aug 28, 2007 - Autodesk, Inc. (NASDAQ: ADSK) today announced the
acquisition of California-based PlassoTech, a leading supplier of analysis
and simulation software for the mechanical design market. The acquisition of
PlassoTech will allow Autodesk to enhance the simulation and optimization
capabilities found in Autodesk Inventor software making it easier than ever
for customers to simulate, optimize and validate a complete digital
prototype. Terms of the transaction were not disclosed.
"Our goal is to provide the most comprehensive and easy-to-use Digital
Prototyping solution on the market," said Robert "Buzz" Kross, senior vice
president of Autodesk Manufacturing Solutions. "The acquisition of
PlassoTech will provide our customers with integrated simulation tools and
sophisticated analysis functionality that complements their Digital
Prototyping workflows."
Autodesk currently plans to integrate PlassoTech technology into the
Inventor product family, augmenting existing finite element analysis (FEA)
tools. The technology brings many distinct advantages to the Inventor
product line, including:
- The ability to perform analysis on entire assemblies, as well as
individual parts
- The ability to perform analysis based on real-world structural and
thermal conditions
- Advanced-ease-of use and performance superiority with a fully
integrated simulation solution
Specifically, PlassoTech technology allows FEA calculations in categories
such as linear static stress, steady state thermal, thermal stress, modal
and frequency analysis, optimization and buckling. It also includes advanced
functionalities to test dynamic stress, transient thermal, and large
deformation analysis of solid and shell models with various contact
conditions.
Hundreds of companies globally in industrial machinery, transportation,
consumer products and building and plant equipment use PlassoTech technology
including: Innoventa LLC, Jupp Associates Ltd., Mammoth Inc., Microheat,
OSSTEM Co., Ltd, Pentax, Rinehart Motion Systems LLC, Sejong Industrial
Company Ltd, Subaru Telescope, Telops and Tokyo Electron Limited.
For customers seeking support information, please email
plassotechsupport@autodesk.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks
and uncertainties, including statements regarding the impact of the
acquisition on Autodesk's earnings, product offerings and the performance of
its business. Factors that could cause actual results to differ materially
include the following: difficulties encountered in integrating merged
businesses; whether certain market segments grow as anticipated; the
competitive environment in the software industry and competitive responses
to the acquisition; and whether the companies can successfully develop new
products or modify existing products and the degree to which these gain
market acceptance. Further information on potential factors that could
affect the financial results of Autodesk are included in the company's
reports on Form 10-K for the year ended January 31, 2007, and Form 10-Q for
the quarter ended April 30, 2007 which are on file with the Securities and
Exchange Commission.
About Autodesk
Autodesk, Inc. is the world leader in 2D and 3D design software for the
manufacturing, building and construction, and media and entertainment
markets. Since its introduction of AutoCAD software in 1982, Autodesk has
developed the broadest portfolio of state-of-the-art digital prototyping
solutions to help customers experience their ideas before they are built.
Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate
and analyze real-world performance early in the design process to save time
and money, enhance quality and foster innovation. For additional information
about Autodesk, visit
http://www.autodesk.com/.
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