Autodesk has completed its acquisition of Moldflow Corporation, which is a leading provider of software, which allows designers to predict and optimise how plastics performs.
Autodesk has completed its acquisition of Moldflow Corporation Moldflow is a leading provider of software, which allows designers to predict and optimise how plastics components will perform during each phase of the design and manufacture process
Autodesk president and CEO, Carl Bass, said that Autodesk saw plastics and composites as some of the fastest-growing engineering materials.
He continued: "Given its relatively low weight and durability, plastics materials are ideally suited to help our customers attain their sustainability initiatives.
Moldflow, with its industry-leading plastics simulation, is a natural extension of Autodesk’s Digital Prototyping solution".
Autodesk acquired Moldflow for US$22/share, or approximately US$297 million, less the amount in Moldflow’s cash balance and proceeds from options exercises.
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