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Autodesk Acquires Assemble Systems to Strengthen Building Project Lifecycle; Continues Autodesk’s Investment in Construction Tech
**SAN RAFAEL, CA, July 9, 2018** — Autodesk, Inc. (NASDAQ: ADSK), a global leader in design and engineering software, today announced it has acquired Salem, Massachusetts-based Assemble Systems, Inc. Known for its innovative SaaS solutions, Assemble Systems empowers construction professionals to manage, analyze, and leverage Building Information Modeling (BIM) data across various stages of a project, from bidding and estimating to scheduling, site management, and financial tracking.
The acquisition underscores Autodesk's commitment to advancing digital transformation in the construction industry. By integrating Assemble Systems' technology into its BIM 360 platform, Autodesk aims to enhance collaboration, streamline workflows, and create smarter, more efficient construction processes.
“As we continue to push the boundaries of what’s possible in construction, joining forces with Assemble Systems aligns perfectly with our mission to modernize and optimize the industry,†said Andrew Anagnost, President and CEO of Autodesk. “This acquisition strengthens our ability to connect project data seamlessly from concept to completion, making the preconstruction phase more transparent and profitable.â€
Assemble Systems' tools have already been adopted by over 174 unique clients worldwide, spanning nearly 1,000 sites and offices engaged in approximately 12,700 projects. This includes a significant portion of the ENR 400 list, representing some of the largest firms in the construction sector.
Don Henrich, CEO of Assemble Systems, expressed excitement about the merger. “Autodesk has long been a pioneer in architecture, engineering, and construction (AEC) technology. Our partnership began when they invested in us last year, and now joining forces feels like a natural evolution. Together, we’ll continue driving innovation to ensure BIM data remains a powerful asset throughout the lifecycle of construction projects.â€
While specific financial details of the deal remain undisclosed, Autodesk financed the acquisition through a mix of cash and stock. The company also committed to neutralizing the dilutive effect of issuing new shares by purchasing back equivalent amounts of stock during the current quarter.
Looking ahead, both companies anticipate minimal disruption to their respective operations and financial forecasts. However, certain risks associated with the integration process, such as market competition and unforeseen technical challenges, could influence future outcomes. For more information, interested parties can refer to Autodesk's latest reports filed with the U.S. Securities and Exchange Commission.
Assemble Systems will retain its brand identity initially but plans to gradually phase its offerings into the broader Autodesk ecosystem. Their current suite of products, including tools for bid management, estimating, and project oversight, will continue to serve existing customers while being enhanced through deeper integration with BIM 360.
For those eager to explore Assemble Systems' offerings, visit [www.assemblesystems.com](http://www.assemblesystems.com). Meanwhile, Autodesk fans can stay updated via their official channels, including their website and social media platforms.
**About Assemble Systems**
Founded in Salem, Massachusetts, Assemble Systems specializes in delivering cutting-edge software solutions that help construction teams harness the full potential of BIM data. Their cloud-based platform facilitates data conditioning, querying, and integration into essential workflows, empowering users to make informed decisions at every stage of the project lifecycle.
**About Autodesk**
With a legacy spanning decades, Autodesk continues to redefine how architects, engineers, and builders bring ideas to life. Whether designing cars, buildings, or digital experiences, Autodesk equips creators with the tools needed to turn imagination into reality. To learn more, visit [www.autodesk.com](http://www.autodesk.com).
**Contact Information**
For press inquiries, contact Lauren Ginsberg at (857) 248-8087 or email [lauren@autodesk.com](mailto:lauren@autodesk.com). For investor relations, reach out to David Gennarelli at (415) 507-6033 or William Wong at (415) 513-1950.
**Disclaimer**
This communication contains forward-looking statements based on current expectations and assumptions. Actual results may vary due to risks and uncertainties, including changes in market conditions, competitive dynamics, and regulatory environments. Autodesk assumes no obligation to update these statements unless required by law.
© 2018 Autodesk, Inc. All rights reserved.