Autodesk: agreement to acquire Innovyze

(CercleFinance.com) - Software company Autodesk has announced signing a definitive agreement to acquire Innovyze, a specialist in water infrastructure software, for 1 billion dollars net of cash and subject to adjustments.


Innovyze's modeling, simulation and predictive analysis solutions centralize the viewing of water distribution and collection network infrastructure assets in order to optimise capex and opex.

The software publisher specifies that this transaction is subject to customary closing conditions and is expected to be completed in the first quarter of FY 2021-22, ending 30 April 2021.


Copyright (c) 2021 CercleFinance.com. All rights reserved.