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Slide #23. Autodesk, Inc. — VSR Technology
Autodesk, Inc. (NASDAQ:ADSK)
Autodesk, Inc. (NASDAQ:ADSK) has completed the acquisition of certain technology assets from Virtual Shape Research GmbH (VSR), a developer of class-A surface modeling and conceptual design software for the automotive industry. As part of the deal, 10 VSR employees will join Autodesk. The acquisition of the VSR team and technology will help Autodesk expand its offerings for the automotive industry, including enhancement of the Alias product line, and drive further leadership in technical surfacing technology. Terms of the transaction were not disclosed.
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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Strong Buy (3.50 out of 4)