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Announced

Completed

Autodesk completed the acquisition of Pype.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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software development

Majority

Private

United States

Acquisition

Single Bidder

cloud-based services

Software

Completed

Domestic

Synopsis

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Autodesk, an American multinational software corporation, completed the acquisition of Pype, a provider of cloud-based solutions for automating construction project management workflows. Financial terms were not disclosed. "I could not be more optimistic about the future of the building industry. Even in challenging times such as those we are currently facing, Autodesk remains focused on making the jobs of people who build easier. Pype's robust machine learning capabilities will empower Autodesk customers to connect workflows across the building lifecycle in new ways and optimize their businesses for long-term resiliency," Andrew Anagnost, Autodesk CEO.

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