Revit MEP

Revit MEP

Thursday, May 31, 2007

Autodesk Extends 3D Leadership with Acquisition of NavisWorks

Autodesk has signed an agreement to acquire NavisWorks, a privately-held company based in Sheffield, England that provides software for 3D coordination, collaboration and sequencing in design and construction for approximately $25 million in USD cash, subject to a working capital adjustment. The acquisition underscores Autodesk’s commitment to help its customers derive the greatest possible value from the information created during all phases of the design process.
NavisWorks is a global provider of software that enables full exploitation of the benefits of 3D digital designs in the construction, plant and marine design markets for purposes ranging from design coordination and clash detection to construction simulations. Its products are used by many of the world’s leading construction companies, architects, engineers, process and power firms and shipbuilders. NavisWorks products support increased interoperability by coordinating design information from multiple sources. The company is also a Charter Member of the USA National BIM standard.

Autodesk currently plans to offer new solutions that incorporate both NavisWorks and Autodesk technology, and to continue supporting the existing NavisWorks product line “The acquisition of NavisWorks is part of Autodesk’s commitment to offering more complete solutionsacross the AEC industry” said Jay Bhatt, senior vice president, Autodesk AEC Solutions. “The addition of NavisWorks technology to the Autodesk portfolio will help our customers leverage their design data to make better design and construction decisions and increase the value of their investments in design technology.”

“For more than 7 years, NavisWorks solutions have helped design professionals across the construction, building, plant, and marine industries better collaborate, create more coordinated designs, and work more efficiently,” said Peter Thompson, CEO of NavisWorks. “The combination of NavisWorks and Autodesk technology is an excellent match. Our products augment the coordinated, consistent, and computable information produced by the Revit platform for building information modeling, and can aggregate that information with data from other sources including AutoCAD, Inventor and Civil 3D, to build the most complete understanding possible of the overall project. We are excited to join the Autodesk family.”

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