Design, engineering and entertainment software juggernaut Autodesk has acquired Blue Ridge Numerics, a company that develops simulation software, for approximately $39 million in cash.
Blue Ridge Numerics simulation software allows engineers to design and manufacture products that are prepared for real-world conditions. Engineers can virtually test and predict real-world behavior of new and existing designs and eliminate expensive physical prototyping cycles in the lab. Blue Ridge customers include Parker Hannifin, Philips Medical, Top-Flite and Wolf Appliance.
With this acquisition, Autodesk will integrate Blue Ridge Numerics into its Manufacturing Industry Group and to continue developing the simulation software. Autodesk, a publicly traded company, provides software design applications for a variety of industries, including Architecture, Engineering, Media and Entertainment.
Autodesk has previously acquired Illuminate Labs, Algor, SoftImage, 3D Geo and PlanPlatform.
Autodesk is a software design and service company. The company operates in four segments: Platform Solutions and Emerging Business and Other (PSEB); Architecture, Engineering, and Construction (AEC); Manufacturing Solutions (MSD); and Media and Entertainment (M&E). The company primarily serves customers in architectural, engineering and construction, manufacturing, geospatial mapping, and digital media and entertainment markets through distributors and resellers in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
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