SAN RAFAEL, Calif.--(BUSINESS WIRE)-- Autodesk Inc. (NASDAQ: ADSK), has completed the acquisition of PI-VR, a privately held German softwar...
SAN RAFAEL, Calif.--(BUSINESS WIRE)-- Autodesk Inc. (NASDAQ: ADSK), has completed the acquisition of PI-VR, a privately held German software company that specializes in sophisticated real time visualization technology used primarily in the automotive industry. The cutting-edge visualization solutions developed by PI-VR will strengthen and enhance Autodesk’s expertise in and offerings for automotive visualization. Terms of the transaction were not disclosed.
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“This acquisition brings to Autodesk a highly-skilled team with deep expertise in high-end visualization that will help expand our offerings for the automotive industry,” said Buzz Kross, senior vice president, Design, Lifecycle and Simulation at Autodesk. “The VRED technology helps solve a broad set of problems in the process of car design and engineering, and reduces the need for physical prototypes through the use of real time, highly realistic visualization. We look forward to making this technology broadly available to our automotive industry customers, and welcome PI-VR customers, employees and partners to Autodesk.”
Autodesk intends to integrate Autodesk technologies into the PI-VR platform, while continuing to sell, support and enhance the PI-VR product line. The VRED products will join Autodesk’s existing solutions for the automotive industry including Autodesk Showcase, Autodesk Alias, Autodesk Maya, Autodesk 3ds Max and the Autodesk Design and Creation Suites.
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