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Autodesk, Inc.
Release date: August 20, 2007
Autodesk Completes Acquisition of Opticore AB
Visualization Technology Strengthens Digital Prototyping Solution for the Automotive and Consumer Product Design Industries
SAN RAFAEL, Calif., Aug. 20 -- Autodesk, Inc. (NASDAQ:ADSK) today announced that it has completed the acquisition of technology and product assets of Opticore, a wholly-owned subsidiary of Design Communication, based in Gothenburg, Sweden. On June 18, 2007, Autodesk announced an agreement to purchase the assets of Opticore, a premier software provider of advanced technology used to produce highly interactive and realistic 3D digital product visualizations and presentations. The acquisition delivers upon the Company's strategy to drive mass adoption of 3D among customers in key industries such as automotive and consumer products, by continually enhancing the depth and breadth of its Digital Prototyping solutions. Terms of the transaction were not disclosed.
Autodesk plans to invest in the continued development and support of Opticore technology. By adding Opticore's deep visualization expertise and technology to the Company's strong solutions set, Autodesk will be able to deliver a more comprehensive and powerful design visualization offering through the Autodesk Showcase and Opticore product lines. Autodesk Showcase offers outstanding ease of use and dramatically simplifies the process of preparing data and scenes for design presentations and reviews. Opticore products offer high-end visualization capabilities, Real-time Raytracing along with diverse environments and materials. With both product lines, Autodesk is able to offer the industry's most compelling visualization solution available today as well as a scalable solution that anticipates the needs of a designer or modeler through to the high-end requirements of a visualization specialist.
"We are pleased to welcome the world-class Opticore team and add their high-end visualization technology to our already advanced solutions," says Robert "Buzz" Kross, senior vice president of Autodesk Manufacturing Solutions. "Autodesk is committed to providing the industry's most complete Digital Prototyping solution that allows our customers to experience superior business results by reducing the need for physical prototypes, shortening development cycles and increasing communications between their designers, managers and customers."
World-class companies who use Opticore technology include major automotive manufacturers around the world as well as large manufacturers. Automotive clients include: AUDI AG, Ford Motor Company (with the brands Ford, Volvo, Jaguar, Land Rover), Hyundai, KIA, FAW, Brilliance Auto, Tata Motor, Mahindra & Mahindra, Bajaj Auto, Honda, Nissan and Mitsubishi. Consumer product and transportation customers include: Canon Inc, Philips Consumer, Nokia Mobile, Electrolux and Bombardier Trains. Almost 50 companies throughout Asia including all major automotive manufacturers in Japan also use Opticore technology.
For customers or prospects seeking more information, please email opticoresupport@autodesk.com or visit www.autodesk.com/press.
About Autodesk Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit www.autodesk.com.
Company Information: Name: Autodesk, Inc. Address: 111 McInnis Pkwy. City: San Rafael State: CA ZIP: 94903 Country: USA Phone: 415-507-5000 FAX: 415-507-5100 http://www.autodesk.com
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