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Slide #3. Autodesk — Bitsquid
Autodesk, Inc. (NASDAQ:ADSK) has acquired Stockholm-based Bitsquid AB, the creator of the Bitsquid game engine. The acquisition brings to Autodesk expertise in 3D game development and proven technology that will enable Autodesk to supercharge its portfolio of tools for game makers through the development of a new 3D game engine. Multiple game developers have used the modern and flexible Bitsquid engine to create 3D games for next-generation consoles and PCs, and Autodesk will continue to work with many of these companies to develop the new 3D game engine. Terms of the acquisition 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)