Hi Melanie: Below is an announcement from the AEC team at Autodesk
issued today we wanted to share with you. Please let me know if you
have any follow up questions.
Regards,
Autodesk Media Relations
Autodesk Enhances Sustainable Design Capabilities with Acquisitions of
Ecotect and Green Building Studio Analysis Tools
Autodesk Completes Acquisition of Assets of Square One Research and
Green Building Studio
SAN RAFAEL, Calif., June 26, 2008 — As part of its on-going commitment
to support the practice of sustainable design and green building in
the architecture, engineering and construction (AEC) industries,
Autodesk, Inc. (NASDAQ: ADSK) today announced two acquisitions to
improve building performance analysis in the building information
modeling (BIM) process. Autodesk announced that it has completed the
acquisition of substantially all the assets related to the Ecotect
software tools for conceptual building performance analysis from both
Square One Research Ltd. and Dr. Andrew Marsh. Autodesk also
announced that it has completed the acquisition of substantially all
the assets of Green Building Studio, Inc., a provider of web-based
whole building energy, water and carbon-emission analysis software.
Terms of the acquisitions were not disclosed.
“Buildings are a leading contributor to greenhouse gas emissions, so
to combat climate change it is critical for the building industry to
rapidly adopt sustainable design practices that will lead to buildings
which are appreciably more efficient and eventually carbon neutral,”
said Jay Bhatt, senior vice president, Autodesk AEC solutions. “The
addition of these tools to our technology portfolio will help make it
easier for architects, engineers and designers to understand the
impact of their design decisions on building performance earlier in
the design process so they can optimize for reduced environmental
impact.”
The acquisitions of Ecotect and the Green Building Studio assets will
support Autodesk’s vision to deliver software that enables architects
and engineers to design more sustainable projects. With improved
building performance analysis capabilities, Autodesk will be uniquely
positioned to offer a comprehensive suite of software solutions for
sustainable design and analysis, enabling a BIM process that can
facilitate cost-effective design and delivery of high-performing,
resource-efficient buildings and infrastructure.
Square One Research, Ltd. and Dr. Andrew Marsh, creator of the Ecotect
environmental design and analysis tools, are based in Isle of Man.
The Ecotect tools can measure how fundamental criteria, such as solar,
thermal, shading, lighting, and airflow, will affect building
performance in the conceptual and detailed phases of design. Their
capability to forecast building performance over time better equips
architects and engineers to deliver more energy efficient and
sustainable building designs.
“Square One Research and Autodesk share a commitment to using
technology to make the design and construction of sustainable, high-
performance buildings easier and more efficient,” said Dr. Andrew J.
Marsh, Co-Founder and Head of Research & Development, Square One
Research. “We are pleased to join Autodesk and look forward to helping
develop and deliver simple and effective building performance analysis
to architects and engineers around the world.”
The Autodesk Green Building Studio analysis tools, now available at
http://www.autodesk.com/greenbuildingstudio, provide improved design
insight through whole building energy, water and carbon-emission
analysis, helping architects and designers to maximize building
economic and environmental performance. The tools are compatible with
Autodesk design software as well as software from other industry
providers through the Green Building XML (gbXML) schema and can now be
directly accessed from within the Revit platform for BIM with a new
plug-in now available for download. Green Building Studio Inc.
launched the Green Building Studio web service in 2004.
To read more about how Autodesk and its customers are addressing
sustainable design, please visit
www.autodesk.com/green.
Safe Harbor Statement
This press release contains forward-looking statements that involve
risks and uncertainties, including statements regarding the impact of
the acquisition on Autodesk’s, product offerings and the performance
of its business. Factors that could cause actual results to differ
materially include the following: difficulties encountered in
integrating merged businesses; whether certain market segments grow as
anticipated; the competitive environment in the software industry and
competitive responses to the acquisition; and whether the companies
can successfully develop new products or modify existing products and
the degree to which these gain market acceptance.
Further information on potential factors that could affect the
financial results of Autodesk are included in the company's reports on
Form 10-K for the year ended January 31, 2008, and Form 10-Q for the
quarter ended April 30, 2008 which are on file with the Securities and
Exchange Commission.