With a view to extend Building Information Modeling for Structural Engineering, Autodesk has signed a authoritative contract with the shareholders of Graitec for obtaining certain technology assets as well as Graitec's Advance Steel and Advance Concrete product suites, and related employees.
The acquirement will certainly improve Autodesk's recent offerings for structural engineering and widespread its range of technology catering to Building Information Modeling (BIM) for structural fabrication and detailing.
Autodesk will make a significant step to boost up industry's movement to BIM and progression of model-oriented workflows designed for structural engineers, detailers, fabricators and contractors offering modeling, analysis, detailing, and production services.
All stakeholders in the industry can now avail more faultless structural engineering workflow ranging from design to fabrication and to construction involving superior offerings for structural steel and concrete detailing.
It is anticipated that the contracted will be closed in the 4th quarter of fiscal year 2014 and is depending on normal closing conditions.
Autodesk's getting hold of of the Advance Steel and Advance Concrete products in favor of its BIM strategy is a tribute to the capability of the Graitec team and the quality of the steel and concrete detailing solutions. Graitec keeps on to build up committed BIM software and services which are corresponding to Autodesk, and the combined strength will make best use of the competence and performance of the global construction industry.