Autodesk to acquire Payapps.

Autodesk, an American multinational software corporation, agreed to acquire Payapps, a cloud construction software provider. Financial terms were not disclosed. “Payapps and Autodesk share a common mission of helping our customers increase profitability through cost efficiencies and reduce risks wherever possible. With Payapps becoming part of Autodesk, our customers will get to experience the technology benefits of both companies as we continue our journey to help construction companies improve their payment management processes,” Geoff Tarrant, Payapps Executive Chairman.