Autodesk acquired PlanGrid for $875m.

Autodesk acquired PlanGrid, a leading provider of construction productivity software, for $875m in cash. “As designing and making converge, Autodesk is connecting project data from design through construction and putting predictive insights into the hands of contractors,” said Andrew Anagnost, Autodesk CEO. “There is a huge opportunity to streamline all aspects of construction through digitization and automation. The acquisition of PlanGrid will accelerate our efforts to improve construction workflows for every stakeholder in the construction process.”