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Autodesk Acquisition Expands Additive Manufacturing Software Portfolio
**Public Company Information:**
NASDAQ: ADSK
**SAN FRANCISCO–(BUSINESS WIRE)–**
Autodesk, Inc. (Nasdaq: ADSK), a global leader in design and engineering software, has announced a definitive agreement to acquire netfabb, a renowned German company specializing in software solutions for industrial additive design and manufacturing. Additionally, Autodesk will be making a strategic investment in FIT Technology Group, the parent company of netfabb, which provides cutting-edge additive manufacturing software and services. This collaboration aims to drive broader adoption of advanced technologies within the realm of industrial additive manufacturing.
Autodesk intends to finance the deal using foreign capital, with the transaction expected to close during Autodesk's fourth quarter of fiscal year 2016. While specific terms of the deal remain undisclosed, both parties view this partnership as a significant step toward advancing innovation in 3D printing and manufacturing processes.
Samir Hanna, Autodesk’s Vice President and General Manager of Consumer & 3D Printing, expressed enthusiasm about the acquisition, stating, "Autodesk has long admired FIT’s impressive track record in addressing the complexities of industrial additive manufacturing. Together, we aim to usher in a new era of creation, enabling designers and manufacturers worldwide to move beyond prototyping and plastics, focusing instead on producing high-quality, functional parts at scale."
Currently, over 80,000 professionals across various fields—designers, manufacturers, artists, researchers, and developers—are leveraging netfabb solutions as integral components of their 3D printing workflows. Following the acquisition, Autodesk plans to nurture this vibrant community by not only supporting but also expanding netfabb software development. The company intends to integrate netfabb technology into its broader portfolio of product design tools, such as Autodesk Fusion 360 and the Spark 3D printing platform.
Carl Fruth, CEO of FIT AG, the parent company of FIT Technology Group, echoed similar sentiments, saying, "We share Autodesk’s vision for delivering top-tier industrial additive manufacturing solutions. We’re thrilled to partner with Autodesk and confident that netfabb will flourish further under Autodesk’s leadership."
**Business Outlook:**
This acquisition is anticipated to have no bearing on Autodesk’s previously issued guidance from August 27, 2015.
**Safe Harbor Statement:**
The press release includes forward-looking statements that come with inherent risks and uncertainties. These statements pertain to expectations regarding the impact of the acquisition and strategic investment on Autodesk’s business outlook, financial performance, product offerings, and partnerships. They also touch upon the potential influence of these transactions on the capabilities, customer base, and partner ecosystem of both Autodesk and netfabb. Additionally, the release outlines Autodesk’s ambitions to enhance its technological offerings in advanced manufacturing and extend the reach of its Spark 3D printing platform. Key factors influencing these projections include the timing and success of the acquisition integration, costs associated with the deal, market response to 3D printing advancements, competitive dynamics, and broader economic trends. For a detailed discussion of risks, refer to Autodesk’s Form 10-K filed for the fiscal year ending January 31, 2015, and its Form 10-Q for the quarter ending July 31, 2015, both of which are available via the SEC website. Autodesk assumes no obligation to update these forward-looking statements post-publication.
**About Autodesk:**
Autodesk empowers individuals to imagine, design, and create a better world. Whether you’re a professional designer, engineer, architect, artist, student, or hobbyist, Autodesk tools fuel your creativity and help solve critical challenges. Learn more at [autodesk.com](https://www.autodesk.com) or follow us on Twitter at [@autodesk](https://twitter.com/autodesk).
**Legal Disclaimer:**
Autodesk and its associated logos are either registered trademarks or trademarks of Autodesk, Inc., and its subsidiaries worldwide. All other brands, product names, or trademarks mentioned belong to their respective owners. Autodesk retains the right to modify product features, service offerings, and pricing at any time without prior notice. Errors or omissions in this document are unintentional.
**© 2015 Autodesk, Inc. All rights reserved.**
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**Contact Information:**
Autodesk, Inc.
Noah Cole
Phone: +1-415-580-3535
Email: [noah@autodesk.com](mailto:noah@autodesk.com)
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This acquisition represents a pivotal moment in the evolution of additive manufacturing, signaling a commitment by industry leaders to push boundaries and redefine what’s possible in the world of design and fabrication.