Tuesday, November 5, 2013

Autodesk Acquires VSR Technology

www.autodesk.com
SAN RAFAEL, CA, Nov 5 - Autodesk, Inc. (NASDAQ: ADSK) has completed the acquisition of certain technology assets from Virtual Shape Research GmbH (VSR), a developer of class-A surface modeling and conceptual design software for the automotive industry. As part of the deal, 10 VSR employees will join Autodesk. The acquisition of the VSR team and technology will help Autodesk expand its offerings for the automotive industry, including enhancement of the Alias product line, and drive further leadership in technical surfacing technology. Terms of the transaction were not disclosed.

"Autodesk continues to invest in developing and acquiring technology to support our customers in the automotive industry," said Buzz Kross, senior vice president of Design, Lifecycle and Simulation products at Autodesk. "The addition of the VSR technology to Autodesk will help our customers achieve a more efficient development process with production-ready, high-quality technical surfaces. We are excited to welcome VSR employees, customers and partners to the Autodesk community."

Autodesk plans to incorporate the VSR technology into its existing product lines, including Alias products, and to apply the team and technology toward the development of next-generation design/styling and technical surfacing solutions. Autodesk intends to continue offering the existing VSR plugin for Rhino, and to make this product available for purchase exclusively via the Autodesk e-store. VSR has long collaborated with Autodesk on the research and development of technology for the automotive industry, and is based in Hannover, Germany.

About Autodesk

Autodesk helps people imagine, design and create a better world. Everyone—from design professionals, engineers and architects to digital artists, students and hobbyists—uses Autodesk software to unlock their creativity and solve important challenges. For more information, visit www.autodesk.com.

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