Welcome to our dedicated page for Autodesk news (Ticker: ADSK), a resource for investors and traders seeking the latest updates and insights on Autodesk stock.
News about Autodesk, Inc. (NASDAQ: ADSK) focuses on its role as a global Design and Make software company and on the financial and strategic developments that shape its business. Autodesk regularly issues press releases and Form 8-K filings reporting quarterly financial results, key performance metrics, and guidance for future periods. These updates cover revenue trends across its Design, Make, and Other product types, as well as performance by geographic regions and product families such as AECO, AutoCAD and AutoCAD LT, Manufacturing, and Media and Entertainment.
Investors following ADSK news will see announcements about earnings results, billings, recurring revenue, free cash flow, and operating margins, often accompanied by commentary from Autodesk’s leadership. The company also provides business outlooks and discusses macroeconomic assumptions, tax rate expectations, and the use of non-GAAP financial measures to supplement GAAP reporting.
Beyond earnings, Autodesk news highlights product and platform developments, especially in AI and media and entertainment. For example, Autodesk has launched Autodesk Flow Studio, an AI-powered VFX and animation tool, and introduced freemium and tiered pricing to make professional-grade AI tools more accessible to creators. News releases also describe partnerships, such as Autodesk’s multi-year collaboration with the Kraft Group as the Official Design and Make Platform for the New England Patriots, and its designation as the Official Design and Make Platform of the LA28 Olympic and Paralympic Games and Team USA.
Autodesk also announces investor events, including participation in technology and AI conferences and digital investor days, as well as invitations to quarterly financial results conference calls. For anyone tracking ADSK, this news stream provides insight into Autodesk’s financial performance, strategic direction in cloud, platform, and AI, and the ways its technology is used across architecture, construction, manufacturing, and media and entertainment.
Autodesk, Inc. (NASDAQ: ADSK) announces that its Autodesk Build project management solution is being utilized on over 8,000 active projects worldwide since its launch in February 2021. The platform enhances quality, safety, and cost management, creating a unified environment for project data. Notably, industry leaders like APTIM and Barton Malow are leveraging Autodesk Build to mitigate risks and improve efficiencies. Key features include centralized document management, connected data for project teams, and predictive analytics.
On July 20, 2021, Autodesk (NASDAQ: ADSK) announced the termination of its acquisition discussions with Altium Limited (ASX: ALU). Despite verbally improving their initial proposal, Autodesk could not reach an agreement to move forward. CEO Andrew Anagnost expressed respect for Altium's leadership team and wished them well. Autodesk is known for its software that supports various industries including automotive and entertainment, empowering creativity in product development.
On July 12, 2021, Autodesk announced the launch of its cloud-based digital twin platform, Autodesk Tandem, after a successful public beta. This platform aims to address inefficiencies in engineering and construction by optimizing data usage, as highlighted in a FMI report stating over 95% of data goes unused. Autodesk Tandem enhances operations and asset management for Architecture, Engineering, and Construction (AEC) firms by creating digital twins that improve operational efficiency and predictive maintenance capabilities, ultimately benefiting owners with better asset performance.
Autodesk (NASDAQ: ADSK) announced that its executives will present on Autodesk Tandem, a digital twin platform for architecture, engineering, and construction (AEC) industries, on July 12, 2021, at 11:00 AM Eastern Time. The presentation will be available via a live webcast on Autodesk's Investor Relations website. Interested parties are advised to register 15 minutes prior to the event. For further inquiries, Autodesk's Investor Relations can be contacted at 415-507-6373.
Weta Digital has partnered with Autodesk (NASDAQ: ADSK) to launch WetaM, an innovative VFX tool fully integrated with Autodesk Maya. This product will provide artists global access to Weta's proprietary tools as a subscription cloud service, marking Weta's first step into a newly formed Software-as-a-Service (SaaS) division. WetaM aims to democratize VFX production, enhancing creative capabilities for artists. The rollout is planned for a private beta in Q4, offering significant advancements in animation and visual effects.
Autodesk, Inc. (NASDAQ: ADSK) has submitted a non-binding proposal to acquire all outstanding shares of Altium Limited (ASX: ALU) at AUD$38.50 per share, representing a 41.5% premium over Altium's last closing price. The acquisition aims to integrate Altium's software solutions for PCB designers into Autodesk's portfolio, enhancing its design and manufacturing cloud platform. The proposal is subject to multiple conditions, including due diligence and regulatory approvals, with no guarantee of finalization.
Autodesk (NASDAQ: ADSK) will present at the Citi 2021 Silicon Valley Virtual Tech Bus Tour on June 7, 2021. Executives will speak about the company’s innovative software used across various industries, impacting everything from automotive design to filmmaking. A live webcast and replay of the presentation will be available on Autodesk's Investor Relations Website. Attendees are advised to register and prepare their systems 15 minutes prior to the event.
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Autodesk (NASDAQ: ADSK) announced its participation in several upcoming investor conferences. Key dates include:
- June 8, 2021 - Stifel 2021 Virtual Cross Sector Insight Conference
- June 9, 2021 - Baird 2021 Global Consumer, Technology & Services Conference
- June 10, 2021 - Morgan Stanley 6th Annual Sustainable Futures Conference
- June 15, 2021 - Berenberg Thematic Software Days Conference 2021
- June 16, 2021 - Nasdaq 44th Virtual Investor Conference
Webcasts of these presentations will be available via Autodesk's Investor Relations Website.
Autodesk (Nasdaq: ADSK) has announced the retirement of Pascal W. Di Fronzo, its executive vice president of corporate affairs and chief legal officer, after 23 years of service. Di Fronzo, who joined Autodesk in 1998 and became general counsel in 2006, has contributed significantly to the company's legal matters and corporate development. He will remain in his role until December 2021 while a search for his successor begins. Di Fronzo received the Legends in Law Award in recognition of his impactful contributions during his tenure.