Business News

Autodesk Completes Acquisition of ALGOR, Inc.

Wednesday 21. January 2009 - ALGOR's Complementary Software Offerings Will Strengthen the Autodesk Solution for Digital Prototyping

Autodesk, Inc. (NASDAQ:ADSK) today announced that it has completed the acquisition of ALGOR, Inc. (ALGOR), a leading provider of analysis and simulation software. Autodesk announced its intent to purchase ALGOR for $34 million on December 17, 2008.

The addition of ALGOR simulation technologies will enhance the Autodesk solution for Digital Prototyping with sophisticated new simulation capabilities such as thermal and fluid flow analysis, enabling customers to better optimize and improve product designs before manufacturing.

“The addition of ALGOR product lines to Autodesk’s existing portfolio will complement our simulation capabilities and provide customers with a more comprehensive solution for Digital Prototyping,” said Robert “Buzz” Kross, senior vice president of Autodesk Manufacturing Solutions. “We look forward to an exciting new chapter in helping our customers make informed product development decisions.”

Business Outlook

This transaction is expected to have no impact on previously issued guidance.