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New Deal


Announced

Autodesk acquired BuildingConnected for $275m.

Synopsis

Autodesk, an American multinational software corporation, acquired BuildingConnected, which operates a construction communication platform, for $275m. This acquisition will add bid management, risk analysis and other preconstruction solutions to Autodesk's construction portfolio. In addition, BuildingConnected's network presents an opportunity to create a robust digital marketplace for construction goods and services.

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Market Context

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