Autodesk (ADSK), a Californian software company in the construction industry, is buying PlanGrid -company for 875 million dollars. According to Autodesk this transaction enables the company to offer more comprehensive, cloud-based construction platform for its customers.
Autodesk is one of the softwares that can be used in the so called BIM-projects (Building Information Modeling), for example in the Green Buildings projects.
– This means that our customers can have real-time collaboration regarding project plans, punch lists, project tasks, progress photos and for example daily field reports, Autodesk says.
PlanGrid´s projects have included for example Hudson Yards in New York, Comcast Innovation Tower in Philadelphia and NVIDIA headquarters in California.
The transaction is expected to close during the fourth quarter of fiscal 2019, ending January 31, 2019.