This Slide: #22 of 50 |
Slide #22. Autodesk, Inc. — Delcam
Acquirer:
Autodesk, Inc. (NASDAQ:ADSK)
Acquiree:
Delcam
Details:
Autodesk, Inc. announced its intention to acquire Delcam, one of the world's leading suppliers of advanced software for the manufacturing industry. Autodesk plans to acquire Delcam for 20.75 per share or approximately 172.5 million. The transaction will be structured as a cash offer for all the outstanding shares of Delcam, is subject to customary closing conditions including regulatory approvals, and is expected to close in Autodesk's first quarter of fiscal 2015. Autodesk expects to use its non-U.S.-based cash for the transaction.
Autodesk is a design software and services company. Co. is engaged in 3D design, engineering and entertainment software and services, providing customers business solutions through technology products and services. Co.'s product offerings include: AutoCAD Civil 3D, which provides a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; AutoCAD, which is a CAD application for design, drafting, detailing, and visualization; and computer-aided manufacturing solutions, which provide solutions for computer numerical control machining, inspection, and modeling for manufacturing.
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Buy (3.05 out of 4) 33rd percentile
(ranked lower than approx. 67% of all stocks covered)
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