Autodesk, Inc. signed a definitive agreement to acquire Horizontal Systems, a provider of innovative cloud-based Building Information Modeling (BIM) collaboration solutions for the Architecture, Engineering, and Construction (AEC) industry. The transaction is subject to customary closing conditions and is expected to close in Autodesk’s fourth quarter of fiscal 2012 (which ends on Jan. 31, 2012). Terms of the transaction were not disclosed.
Horizontal Systems technology is expected help accelerate Autodesk 360 for BIM capabilities by allowing multi-discipline teams to more easily communicate and synchronize information--helping reduce waste and errors during the design and construction of AEC projects and leading to faster, more efficient project delivery.
The acquisition of Horizontal Systems will help accelerate the movement of BIM to the cloud by providing users with the ability to more easily access and coordinate multi-discipline project data wherever and whenever it is needed throughout the entire project lifecycle. BD+C
Related Stories
Architects | Aug 5, 2020
Final report: BD+C's 2020 Color Trends Report
This special research report from the editors of BD+C explores the leading trends and drivers related to the use of color on commercial, institutional, and multifamily building projects.
University Buildings | Aug 2, 2020
R&D hubs, modular-built hotels, and an award-winning student center on the August 6 “The Weekly”
R&D hubs, modular-built hotels, and an award-winning student center on the August 6 “The Weekly”
University Buildings | Jul 24, 2020
A hybrid learning approach could redefine higher education
Universities reassess current assets to determine growth strategies.
Coronavirus | Jun 19, 2020
Experts address COVID-19's impact on nursing homes and schools on The Weekly
The June 18 episode of BD+C's "The Weekly" is available for viewing on demand.
Coronavirus | Jun 12, 2020
BD+C launches 'The Weekly,' a streaming program for the design and construction industry
The first episode, now available on demand, features experts from Robins & Morton, Gensler, and FMI on the current state of the AEC market.
Architects | Jun 8, 2020
Two Frank Lloyd Wright sites set to reopen for tours with enhanced health and safety protocols
The sites will reopen on Thursday, June 11.
Architects | May 28, 2020
Ghafari joins forces with Eview 360
Global architecture + engineering firm announces investment in experiential design agency.
Coronavirus | May 26, 2020
9 tips for mastering virtual public meetings during the COVID-19 pandemic
Mike Aziz, AIA, presents 9 tips for mastering virtual public meetings during the COVID-19 pandemic.
Architects | May 26, 2020
AIA honors exceptional designs with its COTE Top Ten Awards
Projects integrate high design with advanced performance in ten key areas.
Coronavirus | May 22, 2020
COVID-19: Healthcare designers look to the future of medical facilities in light of coronavirus pandemic
The American College of Healthcare Architects (ACHA) has released the key findings of a survey of its members revealing their insights on the future of healthcare architecture and the role of design in the context of the COVID-19 healthcare crisis.