STOCK TITAN
  1. Home
  2. News
  3. ADSK

Autodesk Terminates Acquisition Discussions with Altium

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
acquisition

SAN FRANCISCO, July 20, 2021 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced that it has terminated discussions to acquire Altium Limited (ASX: ALU).

"Autodesk has a long track record of disciplined strategic acquisitions," said Andrew Anagnost, CEO of Autodesk. "While we did verbally improve our initial proposal, we were unable to agree on the basis to advance discussions. We respect the leadership team at Altium and wish them the best with their business."

About Autodesk
Autodesk makes software for people who make things. If you've ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you've experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information visit autodesk.com or follow @autodesk.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/autodesk-terminates-acquisition-discussions-with-altium-301337941.html

SOURCE Autodesk, Inc.

Stock ADSK logo
Autodesk, Inc.

NASDAQ:ADSK

ADSK Rankings

#275 Ranked by Market Cap
#2607 Ranked by Stock Gains
N/A Ranked by Dividends

ADSK Latest News

May 21, 2024
Autodesk acquires Wonder Dynamics, offering cloud-based AI technology to empower more artists to create more 3D content across media and entertainment industries
Apr 25, 2024
Autodesk receives expected notification of deficiency from Nasdaq related to delayed filing of annual report on Form 10-K
Apr 24, 2024
Autodesk and the Nemetschek Group Agree to Advance Open, Interoperable Workflows for Design and Make Industries
Apr 16, 2024
Autodesk provides update on delayed Form 10-K filing
Apr 10, 2024
2024 State of Design & Make Report from Autodesk Finds Growing Confidence in Resilience, Optimism Toward AI

ADSK Stock Data

45.97B
213.35M
0.22%
95.24%
1.24%
Software Publishers
Information
Link
United States of America
SAN FRANCISCO

About ADSK

for more than 30 years, autodesk software has helped designers, engineers, visual artists, students and makers imagine, design and create a better world. advances in accessible 3d design and fabrication technology are disrupting the design, engineering and entertainment professions as we know them. as a result, autodesk is expanding beyond our design roots and applying our industry insights to usher in a new era of making things. over 100 million people use autodesk software like autocad, revit, maya, 3ds max, fusion 360, sketchbook, and more to unlock their creativity and solve important design, business and environmental challenges. our software runs on both personal computers and mobile devices and taps the infinite computing power of the cloud to help teams around the world collaborate, design, simulate and fabricate their ideas in 3d. if you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, you’ve experienced what a