Business News

Autodesk Acquires Assets From BOSS International, Inc.

Wednesday 26. August 2009 - StormNET, RiverCAD and WaterNET Software Tools to Provide Autodesk Civil Engineering and Utility Customers with Comprehensive Water Analysis Capabilities

Autodesk, Inc. (NASDAQ:ADSK), a world leader in 2D and 3D design, engineering and entertainment software, has announced the acquisition of certain assets from BOSS International, Inc. to further expand its water resources analysis capabilities for the architecture, engineering and construction (AEC) industry. StormNET for stormwater management analysis, RiverCAD for floodplain analysis, and WaterNET for water distribution analysis will be more closely integrated with Autodesk’s model-based design solutions, including AutoCAD Civil 3D, to help engineers streamline workflows, reduce errors and boost productivity. Terms of the transaction were not disclosed.

The environmental engineering and water/wastewater utility markets have recently experienced an uptick due in large part to economic stimulus spending. The acquisition of these products aligns with Autodesk’s mission to consistently extend value to its customers and satisfy industry demand. Adding valuable expertise and industry knowledge, Chris Maeder, former president and CEO of BOSS International, will join Autodesk as an industry solutions manager for the environmental engineering industry.

“The addition of BOSS International’s water, sewer, and stormwater analysis technology to the Autodesk portfolio supports Autodesk’s commitment to extend the value of our model-based design solutions for conducting simulation and analysis of design performance before projects are built,” said Jim Lynch, vice president of marketing for AEC solutions at Autodesk. “This is particularly important for sustainable design when engineers need to evaluate the impact of various stormwater management approaches – including rain gardens, bioretention and green roofs – to identify those with minimal environmental impact.”

“This acquisition is exciting news. I am a long time user of Civil 3D and BOSS International’s StormNET and RiverCAD. The integration of the two is a striking example of Autodesk’s continued commitment to the maturation, improvement and evolution of civil engineering proficiency,” said Robert Gill, senior project manager at Menlo Engineering Associates. “The civil engineering community will receive a tremendous lift by Autodesk and BOSS International aligning these technologies to further facilitate the design process, reduce the time required to complete projects and improve the quality of deliverables to the client.”

At this time, product support and distribution of new product licenses for the StormNET, RiverCAD and WaterNet software products will only be provided by BOSS Computec, a former subsidiary of BOSS International. Product integration details will be announced at a later date.

Business Outlook

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