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
| Sep 7, 2012
Suffolk awarded One Channel Center project in Boston
Firm to manage $125 million, 525,000-sf office building project.
| Sep 7, 2012
Duffy joins Thornton Tomasetti
At Hardesty & Hanover, Duffy partnered with Thornton Tomasetti on a number of projects.
| Sep 7, 2012
Lucile Packard Children’s Hospital breaks ground on expansion
Sustainability and nature at the heart of the new addition at the Stanford University Medical Center designed by Perkins+Will.
| Sep 6, 2012
Young Spirit of Nature Wood Architecture award to Tiina Antinoja
The award is given for a student work in which wood as a building material has a central role.
| Sep 6, 2012
CPPI awarded $30.3 million contract for University of Florida’s Harrell Medical Education Building
The specialized interdisciplinary learning environment will serve as a focal point for integration and program development for all primary care educational activities in the College of Medicine.
| Sep 5, 2012
Pagano joins Thornton Tomasetti as Vice President in Newark office
Pagano is a Certified Energy Planner and Certified Energy Manager through the Association of Energy Engineers.
| Aug 30, 2012
John S Clark Co. completes teaching lab at UNC Wilmington
Three-story building provides offices, classrooms, and labs.
| Aug 29, 2012
BOND completes South Cove Community Health Center
$11 million, 21,000 square foot community health center opens in Quincy, Mass.
| Aug 29, 2012
Mamayek joins HDR as Design Principal in Boston
He will work closely with the Executive Committee and business group leaders to expand and promote HDR’s Design Excellence initiatives in the Northeast region.
