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Autodesk (ADSK) Acquires Cloud-Based SaaS Company Inforbix, LLC

August 28, 2012 8:14 AM EDT Send to a Friend
Autodesk, Inc., (Nasdaq: ADSK) has acquired certain assets of Inforbix, LLC. Inforbix is a software company focused on cloud-based SaaS solutions aimed at increasing the value of product data, productivity, and improved decision making for manufacturing-based companies. Terms of the transaction were not disclosed. As a part of this acquisition, Autodesk also announced that it appointed Oleg Shilovitsky as Senior Director of PLM and Data Management. Shilovitsky is a co-founder of Inforbix, LLC.

Autodesk plans to incorporate Inforbix technology for indexing, search, personalization and data visualization into Autodesk PLM360, which will help to accelerate the vision for the Autodesk 360 cloud services.

This transaction is expected to have no impact on Autodesk’s earnings guidance issued on August 23, 2012.




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