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Autodesk Spokesperson Says Deal Talks With Altium Have Ceased
Altium Says Did Not Get Any Further Offer From Autodesk
Altium Ltd Rejects Buyout Proposal From Autodesk
Autodesk, Inc. is a design software and services company, offering customers productive business solutions through technology products and services. The Company's product offerings are focused in four primary product families: architecture, engineering and construction (AEC), AutoCAD and AutoCAD LT, manufacturing (MFG), and media and entertainment (M&E). It serves customers in the architecture, engineering and construction; manufacturing; and digital media, consumer, and entertainment industries. The Company's product development and manufacturing software provides manufacturers in automotive, transportation, industrial machinery, consumer products and building products with digital engineering solutions. The Company's product offerings include, AutoCAD, AutoCAD LT, 3ds Max, Maya, Revit, Inventor, AutoCAD Civil three-dimensional (3D), computer-aided manufacturing (CAM) Solutions, Fusion 360, BIM 360, PlanGrid, Vault and Shotgun.
Software & Programming
111 MCINNIS PKWY
SAN RAFAEL, CA
Stacy J. Smith
Independent Chairman of the Board
President, Chief Executive Officer
Deborah L. Clifford
Chief Financial Officer, Executive Vice President
Pascal W. Di Fronzo
Senior Vice President - Corporate Affairs, Chief Legal Officer, Secretary
Steven M. Blum
Chief Revenue Officer
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Price To Sales (TTM)
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LT Debt To Equity (MRQ)
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Software maker Autodesk Inc said on Monday it had ended takeover talks with peer Altium Ltd, weeks after the Australian firm rejected its A$5.05 billion ($3.74 billion) offer.
Altium Ltd said on Monday it had not received a new offer from Autodesk Inc, after a media report that the Australian software maker had rejected a fresh bid from the U.S. company and that the deal had fallen through.
Software maker Altium on Friday underscored its strategy and key objectives, days after rejecting U.S. peer Autodesk's buyout offer, with analysts expecting rival bids to materialise.
Australian-listed software maker Altium rejected a $3.9 billion takeover bid from U.S. peer Autodesk Inc on Monday as too low, but kept the door open for a higher offer as its shares leapt to near six-month highs.
Software maker Altium Ltd said on Monday it had received a formal buyout proposal from American peer Autodesk Inc that valued the company at A$5.05 billion ($3.91 billion).
AutoCAD software maker Autodesk Inc said on Thursday it has appointed Debbie Clifford as its chief financial officer, effective March 8.
AutoCAD software maker Autodesk Inc said on Wednesday it would buy water infrastructure software provider Innovyze Inc for $1 billion.
Autodesk Inc <ADSK.O> on Tuesday said it acquired Spacemaker, a Norwegian firm whose software is used by architects to create and evaluate buildings or urban developments, for $240 million.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
Autodesk Inc on Tuesday said it would take a minority stake in a Texas company that makes software for planning and building infrastructure projects such as roads and bridges.
(This version of the Oct. 23 story corrects paragraph 4 to say McNamara is current Flex CEO rather than former Flex CEO)
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