Autodesk to acquire software provider Robobat
SAN RAFAEL, Calif.—Autodesk, Inc., recently announced that it has signed a definitive agreement to acquire Robobat, a privately held company based in Grenoble, France that provides software for structural engineering analysis, design, and steel and concrete detailing, for $33 million in USD cash, subject to a working capital adjustment. The acquisition will complement Autodesk’s current software offerings to the structural engineering industry—AutoCAD and Autodesk Revit Structure—and will also help Autodesk provide an increasingly complete set of well-integrated solutions to the structural engineering community.
"We are pleased to welcome Robobat, its industry-leading software and technology and its community of customers, to Autodesk," said Jay Bhatt, vice president, Autodesk Building Solutions. "As we enhance our comprehensive solutions for structural engineering, Autodesk remains committed to supporting our customer’s choice of structural analysis and detailing software. We will continue to support open-data exchange standards and to work closely with our strategic structural engineering partners to support the many different ways that structural engineers around the world use software to work and realize their ideas."
Robobat, a supplier of software solutions for structural engineering, was founded in 1988 and is headquartered in Grenoble, France. Robobat ROBOT Millennium, a structural analysis and design solution for structural engineering, has been integrated with Autodesk Revit Structure, and Robobat has also developed steel and concrete detailing software on the AutoCAD platform. Autodesk currently plans to offer new solutions for structural engineering, detailing, and analysis that incorporate both Robobat and Autodesk technology, and to continue supporting Robobat’s existing product line.
"Robobat and Autodesk share a vision for building information modeling (BIM) and the use of information technology for structural engineering," said Andre Niznik, CEO of Robobat. "We have partnered with Autodesk to integrate Robobat ROBOT Millennium with Autodesk Revit Structure and developed software that integrates with other Autodesk products for many years. We are excited to join Autodesk and are confident that both Autodesk and Robobat customers will benefit from this acquisition."