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New Deal


Announced

Autodesk to acquire a minority stake in Aurigo Software.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

United States

automation software

Single Bidder

Acquisition

Friendly

infrastructure software

Minority

software provider

Software

Domestic

Synopsis

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Autodesk, a software services provider, is set to acquire a minority stake in Aurigo Software, a software services provider for planning and building infrastructure projects. Financial terms were not disclosed. "The present climate of uncertainty and risk further increases the need for owners and contractors to leverage modern cloud software to plan, construct and maintain infrastructure assets that are considered absolutely essential to the nation. Autodesk and Aurigo have very synergistic products, and our strategic alliance will allow us to deliver a full digital lifecycle experience for owners and contractors," Balaji Sreenivasan, Aurigo Software CEO and Founder.

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