Acquisition Helps Extend Building Information Modeling Across the Building Lifecycle Beyond Design to Support Fabrication and Construction
SAN RAFAEL, Calif. — (BUSINESS WIRE) — October 20, 2011 — Autodesk, Inc. (NASDAQ: ADSK), a leader in 3D design, engineering and entertainment software, announced that it has acquired Micro Application Packages Limited (MAP Software), a UK-based provider of CAD, CAM and estimating software that supports fabrication and construction for the mechanical, electrical and plumbing (MEP) industry. MAP Software’s technology will be an important addition to the Autodesk Building Information Modeling (BIM) portfolio for MEP contractors and engineers. Terms of the transaction were not disclosed.
The acquisition of MAP Software will help Autodesk support the evolution to model-based design workflows among MEP contractors, engineers, designers and fabricators who provide design, detailing, estimating and manufacturing services for MEP systems. Adding MAP Software’s products to the Autodesk portfolio provides additional tools for building systems design and fabrication, which complements existing AutoCAD, AutoCAD MEP and Autodesk Revit MEP project lifecycle workflows. The acquisition further expands the Autodesk portfolio for MEP contractors and fabricators by providing tools for the manufacturing, fabrication and installation of MEP systems.
“Autodesk is extending BIM across the building lifecycle beyond design to support building fabrication and construction for the MEP engineering industry,” said Jay Bhatt, senior vice president, Architecture, Engineering and Construction Solutions, Autodesk. “The acquisition of MAP Software helps us to complete the workflows from design to fabrication with solutions that support detailing, estimating and manufacturing for MEP contractors and engineers.
“By offering fabrication tools that support BIM-based workflows,” continued Bhatt, “we are closing the gap between design and construction. This will help make BIM valuable for fabrication, further advancing adoption in the MEP engineering industry.”
“Since 1982 MAP Software has been a leading provider of software solutions for detailing, estimating and manufacturing of ducting, piping, plumbing and electrical containment systems for the MEP contractors market,” said Peter Barcock, former managing director of MAP Software. “Autodesk has been a valued business partner, sharing our dedication to advancing BIM. By combining our resources we can further help enable MEP contractors and engineers to seamlessly extend design information through to fabrication and on to construction within a BIM workflow.”
Autodesk intends to integrate MAP Software’s solutions into its AEC portfolio. During the transition, existing MAP Software customers and prospects can continue to visit the company’s website for up-to-date information.
“For 10 years we have been working with MAP Software to help the MEP industry transition to BIM,” said Bernie Tamasy, chief executive officer of MAP Software reseller, Technical Sales International, Inc. “To that end we have applied our industry knowledge to bring innovative BIM-based fabrication tools to MEP contractors and fabricators. Moving forward we intend to continue this effort via a strategic partnership with Autodesk. We see the Autodesk BIM portfolio combined with MAP Software offerings as a way to continue transitioning the industry to BIM, from design through to fabrication.”
This transaction is expected to have no impact on guidance issued on Aug. 18, 2011.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding: the impact of the acquisition on Autodesk's financial results, business performance and product and services offerings; Autodesk's commitments to Micro Application Packages Limited customers; and the impact of the combined product capabilities and how Autodesk’s products and services will evolve and change. Factors that could cause actual results to differ materially include the following: difficulties encountered in closing the acquisition of Micro Application Packages Limited and integrating Micro Application Packages Limited business, including its customers, vendors and employees; costs related to the proposed acquisition; whether certain market segments grow as anticipated; the competitive environment in the software industry and competitive responses to the acquisition; our success developing new products or modify existing products and the degree to which these gain market acceptance; general market and business conditions; the timing and degree of expected investments in growth opportunities; failure to achieve; pricing pressure; failure to achieve continued cost reductions and productivity increases; changes in the timing of product releases and retirements; failure of key new applications to achieve anticipated levels of customer acceptance; failure to achieve continued success in technology advancements; interruptions or terminations in the business of our consultants or third party developers; the expense and impact of legal or regulatory proceedings; and unanticipated impact of accounting for acquisitions.
Further information on potential factors that could affect the financial results of Autodesk are included in the company's annual report on Form 10-K for the year ended January 31, 2011, and Form 10-Q for the quarter ended July 31, 2011, which are on file with the Securities and Exchange Commission. Autodesk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
About Autodesk BIM Solutions
Building Information Modeling (BIM) is an intelligent model–based process that provides insight for creating and managing building and infrastructure projects faster, more economically, and with less environmental impact.
Autodesk BIM solutions for building and infrastructure lifecycles are based on intelligent models created with
Autodesk Revit and
AutoCAD Civil 3D software. Helping to expand the benefits of BIM is a powerful set of complementary solutions for visualizing and simulating projects virtually, documentation and professional drafting, and data management and collaboration. The
Autodesk Building Design and
Autodesk Infrastructure Design Suites offer a comprehensive set of tools to support BIM workflows in a single, cost-effective package.