San Francisco – March 24, 2022 – Autodesk, Inc. (NASDAQ: ADSK) has announced a strategic move by signing a definitive agreement to acquire The Wild, a cloud-connected extended reality (XR) platform that includes its flagship solutions, The Wild and IrisVR. This acquisition marks a significant step in the company's journey toward integrating immersive technologies into the architecture, engineering, and construction (AEC) industry. The Wild empowers AEC professionals with tools to present, collaborate, and review projects through immersive and interactive experiences, no matter where they are. This aligns perfectly with Autodesk's vision of enhancing project delivery with advanced AR and VR capabilities, offering more efficient and collaborative workflows for customers across the globe. The Wild serves over 700 global customers through its platforms, providing affordable and on-demand solutions that enhance team collaboration. With an increasing number of remote workforces, the virtual format allows for real-time ideation and decision-making, making it an essential tool in today’s evolving work environment. Andrew Anagnost, CEO and president of Autodesk, said, “The rapid transformation in the building industry, from complex projects to diverse teams, highlights the importance of XR as a business imperative. This acquisition is a key part of our Forge platform vision.†The Wild’s virtual platform enables teams to explore, interact, and modify digital project models directly in the cloud. This leads to faster decisions and better outcomes at a fraction of the cost compared to traditional in-person methods. Gabe Paez, founder and CEO of The Wild, added, “Our shared mission with Autodesk is to foster a more productive and collaborative AEC industry. The Wild allows teams to resolve issues quickly from their desks, reducing costly travel and improving efficiency.†Black & Veatch, a global leader in engineering and construction, uses The Wild’s IrisVR and Autodesk solutions to connect project professionals, clients, and partners through enhanced collaboration. This approach improves engagement, safety, and overall project understanding, leading to better outcomes. Brian Melton, Technology Innovation Lead at Black & Veatch, said, “As remote collaboration becomes the norm, systems like Autodesk Construction Cloud and The Wild’s IrisVR enable us to deliver world-class projects regardless of location. This immersive experience is a game-changer for our teams.†Nic Fonta, General Manager of XR at Autodesk, explained, “The convergence of events—accessibility, affordability, and the future of digital twins and the metaverse—makes this the right time for Autodesk’s acquisition of The Wild.†The Wild and IrisVR integrate data from various AEC technologies to support design reviews and model coordination. These integrations include Autodesk Construction Cloud, Revit, Navisworks, as well as other non-Autodesk platforms like Rhinoceros and Trimble SketchUp. For more information about integrations, visit The Wild and IrisVR. About Autodesk Autodesk is changing how the world is designed and made. Our technology spans architecture, engineering, construction, product design, manufacturing, media, and entertainment, empowering innovators everywhere to solve challenges big and small. From greener buildings to smarter products to more mesmerizing blockbusters, Autodesk software helps our customers design and make a better world for all. For more information, visit autodesk.com or follow @autodesk. Contacts For Media:
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Brian.farber@autodesk.com Stacy Doyle
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simon.mays-smith@autodesk.com Safe Harbor Statement This press release contains forward-looking statements within the meaning of applicable securities law regarding the proposed acquisition of The Wild by Autodesk. These statements include predictions about the impact of the acquisition on Autodesk’s business performance, product capabilities, and market position. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Factors that could affect future financial results include Autodesk’s ability to integrate The Wild’s business and technology, costs related to the acquisition, industry evolution, competitive responses, and other risks outlined in Autodesk’s filings with the SEC. These statements are made as of March 23, 2022, and Autodesk disclaims any obligation to update them. Autodesk, Autodesk BIM 360, Autodesk Build, Autodesk Construction Cloud, Navisworks, Revit, and the Autodesk logo are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. W11 Series Metal Plate Rolling Machine W11 Series Metal Plate Rolling Machine,Plate Rolling Machine,Sheet Rolling Machine,Mechanical Bending Machine HT-Metalforming Equipment Manufacturing Co.,Ltd , https://www.htmetalforming.com
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