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Autodesk Acquires Spacemaker: Offers Architects AI-powered Generative Design to Explore Best Urban Design Options
SAN RAFAEL, Calif., Nov. 17, 2020 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) has made a significant move in the world of design and urban planning by announcing its agreement to acquire Spacemaker for $240 million, net of cash. This acquisition marks a strategic step forward in leveraging artificial intelligence and cloud-based technologies to revolutionize the early stages of architectural and urban design.
Based in Oslo, Norway, Spacemaker is a pioneering company that uses AI and generative design tools to assist architects, urban planners, and real estate developers in making faster, more informed decisions during the initial phases of a project. By analyzing various design options quickly, the platform helps maximize the value of properties while promoting sustainable development from the start. The deal is expected to close during Autodesk’s fourth quarter of fiscal 2021, which ends on January 31, 2021, subject to standard closing conditions.
This acquisition strengthens Autodesk's position in the AEC (Architecture, Engineering, and Construction) industry by offering a powerful AI-driven platform that enhances automation and supports outcome-based design. With Spacemaker, professionals can rapidly generate and evaluate multiple design alternatives, considering factors like terrain, zoning, traffic, and lighting. This not only speeds up the design process but also allows designers to focus more on creativity and innovation.
Andrew Anagnost, CEO and President of Autodesk, highlighted the importance of this partnership, stating, “Spacemaker is a prime example of how insights and automation can transform the design process, enabling architects to test urban ideas in minutes. With an increasing global population, speed and sustainability in urban planning are more crucial than ever.â€
Amy Bunszel, Senior Vice President for AEC Design Solutions at Autodesk, added, “Spacemaker aligns with our mission to empower designers to create positive change. Combining their innovative technology with our resources will help address some of the most pressing challenges in the built environment.â€
Havard Haukeland, CEO and co-founder of Spacemaker, expressed excitement about the collaboration, saying, “We’re thrilled to join forces with Autodesk, a company that shares our vision for sustainable cities. This partnership will allow us to scale our impact globally and support the development of healthier communities.â€
Daniel Kjørberg Siraj, CEO of OBOS, noted that Norwegian real-estate developers are leading the digital transformation in construction, and Spacemaker plays a key role in this shift. “By joining Autodesk, Spacemaker will have the opportunity to influence the future of design on a global scale,†he said.
For more information about the acquisition, you can access the full details in the accompanying PDF.
Autodesk is a global leader in design software, empowering millions of creators around the world. From skyscrapers to smartphones, Autodesk’s tools are used in countless industries. Learn more at autodesk.com or follow @autodesk on social media.
Autodesk University (AU) is a premier event that brings together professionals from across the globe to explore the future of design, engineering, and construction. AU 2020 was the first fully digital conference, connecting over 90,000 innovators from 190 countries. Visit the AU website for more details or follow @AutodeskU using the hashtag #AU2020.
This press release includes forward-looking statements that involve risks and uncertainties. Actual results may differ materially due to various factors, including integration challenges, market conditions, and competition. For more information, please refer to Autodesk’s SEC filings.
Autodesk and the Autodesk logo are registered trademarks of Autodesk, Inc. All other brand names, product names, or trademarks belong to their respective owners. Autodesk reserves the right to change product offerings, specifications, and pricing without notice.
SOURCE: Autodesk, Inc.