SAN RAFAEL, CA and BIRMINGHAM, UK, Feb 8, 2014 - Autodesk, Inc. completed its acquisition of Delcam, one of the world's leading suppliers of advanced computer-aided manufacturing (CAM) software, on February 6th. Autodesk announced its intent to acquire Delcam on November 7, 2013 for £20.75 per
share or approximately £172.5 million (~USD $286 million), using
non-U.S.-based cash. Delcam will operate as a wholly owned,
independently operated subsidiary of Autodesk, with
no significant changes planned for Delcam's business.
Carl Bass, President and CEO of Autodesk (center) with (left to right) Glenn McMinn, President, Delcam NA; Clive Martell, Chief Executive, Delcam; Steve Hobbs, Development Director, Delcam; and Bart Simpson, Commercial Director, Delcam
Autodesk, Inc. is a world leader in 3D design, engineering and entertainment software. Customers across the manufacturing, architecture, building, construction, and media and entertainment industries - including the last 18 Academy Award winners for Best Visual Effects - use Autodesk software to design, visualize and simulate their ideas. From design professionals, engineers and architects in all of the Fortune 100 companies to digital artists, students and hobbyists - Autodesk software is helping people unlock their creativity and solve important challenges. Autodesk has more than 7,300 employees worldwide and is headquartered in San Rafael, California.
Headquartered in Birmingham, UK, Delcam's range of design, manufacturing and inspection software provides automated CADCAM solutions for a variety of industries, ranging from aerospace and automotive to toys and sports equipment. The company has more than 30 offices worldwide and approximately 700 employees.
"Autodesk brings to Delcam increased financial strength, unparalleled expertise in design, and a long history of making technology accessible to broad audiences. Through sharing our technology and expertise, this transaction will transform industries and improve how the world is designed and made," said Delcam's Chief Executive, Clive Martell. "By maintaining the basic structure of Delcam's business, Autodesk is reflecting its trust in, and respect for, Delcam's solutions, leadership and organization. We are excited to come together and further the vision, development and implementation of technology for digital manufacturing."
"The acquisition of Delcam is an important step in Autodesk's continued expansion into manufacturing and fabrication and beyond our roots in design. Together with Delcam, we look forward to accelerating the development of a more comprehensive Digital Prototyping solution and delivering a better manufacturing experience," said Buzz Kross, senior vice president for Design, Lifecycle and Simulation products. "We welcome the Delcam employees, customers, partners and community to Autodesk."
Headquartered in Birmingham, UK, Delcam's range of design, manufacturing and inspection software provides automated CADCAM solutions for a variety of industries, ranging from aerospace and automotive to toys and sports equipment. The company has more than 30 offices worldwide and approximately 700 employees.
"Autodesk brings to Delcam increased financial strength, unparalleled expertise in design, and a long history of making technology accessible to broad audiences. Through sharing our technology and expertise, this transaction will transform industries and improve how the world is designed and made," said Delcam's Chief Executive, Clive Martell. "By maintaining the basic structure of Delcam's business, Autodesk is reflecting its trust in, and respect for, Delcam's solutions, leadership and organization. We are excited to come together and further the vision, development and implementation of technology for digital manufacturing."
"The acquisition of Delcam is an important step in Autodesk's continued expansion into manufacturing and fabrication and beyond our roots in design. Together with Delcam, we look forward to accelerating the development of a more comprehensive Digital Prototyping solution and delivering a better manufacturing experience," said Buzz Kross, senior vice president for Design, Lifecycle and Simulation products. "We welcome the Delcam employees, customers, partners and community to Autodesk."
For more information, visit www.autodesk.com and www.delcam.com.
No comments:
Post a Comment