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Autodesk Buys Simulation Software Company Blue Ridge Numerics For $39M In Cash

February 17th, 2011 02:08 admin Leave a comment Go to comments

Design, engineering and entertainment software juggernaut Autodesk has acquired Blue Ridge Numerics, a company that develops simulation software, for approximately $39 million in cash.

Blue Ridge Numerics simulation software allows engineers to design and manufacture products that are prepared for real-world conditions. Engineers can virtually test and predict real-world behavior of new and existing designs and eliminate expensive physical prototyping cycles in the lab. Blue Ridge customers include Parker Hannifin, Philips Medical, Top-Flite and Wolf Appliance.

With this acquisition, Autodesk will integrate Blue Ridge Numerics into its Manufacturing Industry Group and to continue developing the simulation software. Autodesk, a publicly traded company, provides software design applications for a variety of industries, including Architecture, Engineering, Media and Entertainment.

Autodesk has previously acquired Illuminate Labs, Algor, SoftImage, 3D Geo and PlanPlatform.

Source: Autodesk Buys Simulation Software Company Blue Ridge Numerics For $39M In Cash

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