Autodesk announced it has signed a definitive agreement to acquire Spacemaker for $240 million net of cash.
Based in Oslo, Norway, Spacemaker uses cloud-based, artificial intelligence (AI), and generative design to help architects, urban designers, and real estate developers make more informed early-stage design decisions faster and enables improved opportunities for sustainability from the start. By evaluating the best options from the outset, Spacemaker helps architects maximize their clients' long-term property investments. The transaction is subject to customary closing conditions and is expected to close during Autodesk's fourth quarter of fiscal 2021, ending January 31, 2021.
The acquisition of Spacemaker provides Autodesk with a powerful platform to drive modern, user-centric automation - powered by AI - and accelerate outcome-based design capabilities for architects.
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