Canaccord Genuity Cuts Price Target on Autodesk (ADSK) to $65 Following 2Q16 Results

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Autodesk Reports Second Quarter Financial Results

August 27, 2015 4:01 PM EDT

Strong Billings and Deferred Revenue Growth

SAN RAFAEL, Calif.--(BUSINESS WIRE)-- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the second quarter of fiscal 2016. The company reported strong billings and deferred revenue growth.

Second Quarter Fiscal 2016

Total billings increased 7 percent, compared to the second quarter last year as reported, and 15 percent on a constant currency basis.... More

Autodesk Signs Agreement to Acquire SeeControl

August 27, 2015 4:00 PM EDT

Acquisition Adds Enterprise Internet of Things Cloud Service to Autodesk Portfolio

SAN FRANCISCO--(BUSINESS WIRE)-- Autodesk, Inc. (Nasdaq: ADSK) has signed an agreement to acquire SeeControl, a San Francisco-based developer of an enterprise Internet of Things (IoT) cloud service platform. The SeeControl service helps manufacturers and systems integrators connect, analyze, control, and manage remote products, things, and assets and... More