Autodesk has signed a definitive agreement to acquire simulation software developer Blue Ridge Numerics for about $39 million in cash. The deal will broaden Autodesk’s digital prototyping offering with computational fluid dynamics (CFD) capabilities, automating fluid flow and thermal simulation decision-making for designs.
“Simulation represents a significant growth area for Autodesk, and we are focused on strengthening our portfolio in this area both organically and through acquisitions,” says Buzz Kross, senior vice president of the Manufacturing Industry Group at Autodesk. “The acquisition of Blue Ridge Numerics will add important new simulation capabilities to virtually test and predict how a product or building design will work.”
The transaction is expected to close in Autodesk’s first quarter of fiscal 2012, which ends April 30, 2011. Autodesk’s intent is to integrate Blue Ridge Numerics into its Manufacturing Industry Group and to continue developing and selling Blue Ridge Numerics’ CFdesign products.
