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Autodesk Prices $500 Million Notes Offering

By
Sachin R Nalawade
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SAN RAFAEL, CA, USA, Jan 8, 2020 – Autodesk, Inc. (NASDAQ: ADSK) announced the pricing of its notes in an aggregate principal amount of $500 million in an underwritten, registered public offering. The notes will mature on January 15, 2030 and will bear interest at an annual rate of 2.850 percent. The notes are Autodesk’s senior unsecured obligations. The offering is expected to close on January 14, 2020, subject to customary closing conditions.

Autodesk intends to use the net proceeds from the sale of the notes for general corporate purposes, which will include repaying $450 million in aggregate principal amount of its 3.125 percent notes due June 15, 2020, plus accrued and unpaid interest thereon together with a redemption premium.

BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering.

The offering of the notes is being made pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (the “SEC”). The offering of the notes will be made only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from:

BofA Securities, Inc. Citigroup Global Markets Inc. J.P. Morgan Securities LLC
NC1-004-03-43, 200 North College Street, c/o Broadridge Financial Solutions 383 Madison Avenue
3rd Floor 1155 Long Island Avenue New York, NY 10179
Charlotte, NC  28255-0001 Edgewood, NY 11717 1-212-834-4533 (collect)
Attention:  Prospectus Department 1-800- 831-9146
dg.prospectus_requests@bofa.com prospectus@citi.com

 

These documents will also be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the notes, nor shall there be any sale of these notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Autodesk

Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information, visit https://www.autodesk.com

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AMC Bridge Updates CADtoEarth for Revit

By
Sachin R Nalawade
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WALTHAM, MA, USA, Jan 8, 2020 – Following latest technology trends, AMC Bridge has released an enhanced web version of the CADtoEarth technology demonstration and an updated prototype for Autodesk Revit.

The new web part of CADtoEarth, based on the latest version of Cesium, presents users with the new design, which has been rewritten from scratch. The technology demonstration is integrated with Autodesk Forge and Google Drive and provides more opportunities for individual control over the visibility of uploaded data.

The updated CADtoEarth for Autodesk Revit is already integrated with the new CADtoEarth web version and allows users to import data from the previous CADtoEarth web version.

Watch this demo video to see the enhanced CADtoEarth for Autodesk Revit in action.

If you are interested in a tool customized or enhanced for your needs, we’ll be glad to discuss your requirements with you.

About AMC Bridge

AMC Bridge is a vendor of choice for software development services in the areas of computer-aided design, engineering, manufacturing, and construction. Since 1999, we have been delivering solutions for CAD, CAE, CAM, PDM, BIM, and PLM applications. We have participated in the development of commercial software products and custom solutions for the engineering markets based on a variety of platforms, from desktop and web to mobile and cloud. For more information, visit https://www.amcbridge.com.

FLIR, ANSYS Join to Enhance Autonomous Vehicles Safety

By
Sachin R Nalawade
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PITTSBURGH, PA, USA, Jan 8, 2020 – FLIR Systems and ANSYS (NASDAQ: ANSS) are collaborating to deliver superior hazard detection capabilities for future assisted driving and autonomous vehicles (AVs) — empowering automakers to deliver improved vehicle safety. Through a technical collaboration, FLIR Systems will integrate a fully physics-based thermal sensor into ANSYS’ leading-edge driving simulator to model, test, and validate thermal camera designs within an ultra-realistic virtual world.

 

flir-systems

 

Current AV and advanced driver assistance systems (ADAS) sensors cannot dependably identify objects in darkness and through smog, inclement weather, shadows and sun glare. Thermal cameras, however, can effectively detect and classify objects in these conditions. Integrating FLIR Systems’ thermal sensor into ANSYS VRXPERIENCE, will enable engineers to simulate thousands of driving scenarios across millions of miles in mere days and reduce physical prototyping. Engineers can also simulate uncommon and difficult scenarios where thermal excels, including wildlife encounters and distinguishing pedestrians from other roadway objects in low-contrast environments. The new ADAS solution will slash OEMs’ development time by optimizing thermal camera placement for use with systems such as automatic emergency braking (AEB) and within future AVs for the critical aspect of pedestrian detection.

“Combining FLIR Systems’ cutting-edge automotive thermal cameras with ANSYS’ industry-leading solutions will further improve road hazard detection, helping vehicles sense objects four times farther than the illuminating distance of typical headlights,” said Paul Clayton, general manager at FLIR Systems. “Enabling engineers, automakers and auto suppliers to rapidly simulate and test countless scenarios greatly reduces reliance on physical prototype testing while cutting development costs and the time required to test. This results in increasing the adoption of thermal technology in automotive safety to help save lives and livelihoods.”

“FLIR Systems’ automotive thermal cameras enhance the safety and reliability of ADAS, creating smarter AVs that improve decision making in challenging road environments,” said Eric Bantegnie, vice president and general manager at ANSYS. “Leveraging ANSYS’ solutions will enable FLIR Systems to design groundbreaking thermal cameras and empowers automakers to speed the creation and certification of AVs.”

About ANSYS, Inc.

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where ANSYS software played a critical role in its creation. ANSYS is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS is headquartered south of Pittsburgh, Pennsylvania, U.S.A. For more information, visit www.ansys.com.

ANSYS, BlackBerry Join to Support Next-Generation Automobiles

By
Sachin R Nalawade
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LAS VEGAS, NV, USA, Jan 8, 2020 – BlackBerry Limited (NYSE: BB; TSX: BB) and ANSYS (NASDAQ: ANSS) are joining forces to support BlackBerry QNX’s industry-leading real-time operating system (RTOS) for connected and autonomous vehicles. As part of ANSYS’ ongoing commitment to fostering an open ecosystem that supports RTOS leaders across industries, the collaboration will empower automotive manufacturers to increase safety and reliability, reduce development cost and shorten time-to-market for next-generation automobiles and autonomous systems.

 

blackberry

 

BlackBerry QNX and ANSYS are enabling OEMs to minimize risk by combining ANSYS SCADE’s® embedded software development environment with the QNX Neutrino® operating system, both certified to ISO 26262 ASIL D level — the automotive industry’s most stringent safety standard and highest level of certification.

As the next generation of vehicles becomes more connected, automated and autonomous, they also become more complex and vulnerable to cyber-attacks. In addition to design and engineering challenges, manufacturers also face unprecedented levels of safety certifications. OEMs must balance connectivity, AUTOSAR compliance and versatility with safety and security.

“The electronic automotive architecture is quickly evolving from being hardware-driven to software-defined and with our software embedded in more than 150 million vehicles on the road today, BlackBerry QNX is perfectly positioned to address the evolution,” said Grant Courville, Vice President, Products and Strategy at BlackBerry QNX. “Through our work with ANSYS, we can significantly enhance our support of the biggest OEM and Tier 1 brands in the automotive industry and support them throughout all design steps — from functional application design up to on-target integration.”

“We are committed to an open ecosystem that supports customers around the world with best-in-breed technology, solutions and collaborations,” said Eric Bantegnie, Vice President and General Manager, Systems Business Unit at ANSYS. “By integrating our industry-leading embedded software design environment for critical applications with BlackBerry’s proven QNX RTOS, ANSYS remains the frontrunner in the industry. This technical alliance is an important milestone for our overall ANSYS Autonomy solutions that span embedded software development, systems design, cybersecurity threat and functional safety analysis, autonomous systems, physical and driving simulation, and AI-based embedded software validation.”

About ANSYS, Inc.

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where ANSYS software played a critical role in its creation. ANSYS is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS is headquartered south of Pittsburgh, Pennsylvania, U.S.A. For more information. visit www.ansys.com.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) is a trusted security software and services company that provides enterprises and governments with the technology they need to secure the Internet of Things. Based in Waterloo, Ontario, the company is unwavering in its commitment to safety, cybersecurity and data privacy, and leads in key areas such as artificial intelligence, endpoint security and management, encryption and embedded systems. For more information, visit BlackBerry.com and follow @BlackBerry.

Zuken Bundles eCADSTAR with Four New Configurations for PCB Design

By
Sachin R Nalawade
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0

BRISTOL, UK and WESTFORD, MA, USA, Jan 7, 2020 – Zuken unveils advanced high-speed design features for its recently launched eCADSTAR connected PCB design platform. eCADSTAR Advanced HS extends eCADSTAR’s connected 3D PCB design capabilities with powerful high-speed routing tools, such as length and delay-based impedance and skew control, and comprehensive constraint management capabilities. With the release of eCADSTAR Advanced HS, eCADSTAR is now available in four complementary bundles that can be easily combined to meet individual profiles.

 

ecadstar-high-speed-collageeCADSTAR Advanced HS provides powerful built-in capabilities to address the complex details of critical high-speed layout and routing.

 

“As products become more complex and connected, high-speed design is a key part of the design and manufacturability of printed circuit boards (PCBs). High-speed components and interfaces are at the heart of today’s smart and internet-connected products, and they demand advanced requirements for layout and routing”, says John Berrie, Signal Integrity Expert, Zuken Technology Center, Bristol. “eCADSTAR Advanced HS delivers those capabilities in an easy to use environment so that PCB designers can deliver exceptional high-speed design quality.”

High-speed PCB design

The need to utilize high-speed design principles is becoming the norm rather than the exception – even if the clock-rates are not in the gigahertz range. Many of today’s common components like DDR3, DDR4 or DDR5 SDRAMs require high-speed PCB design practices to produce high-signal quality. As product performance increases and the need for device connectivity is pervasive, so is the need for high-speed constraint-driven PCB layout techniques.

eCADSTAR Advanced HS

With a consistent user interface from design entry through physical layout, and a central constraint browser, eCADSTAR Advanced HS provides powerful built-in capabilities to address the complex details of critical high-speed layout and routing. Constraints can be specified both in the schematic, and the physical design tools, or as design rules stacks eCADSTAR’s built-in constraint browser.

 

HS_TTM_topologyCreationThe routing strategy for high-speed signals can be defined (“constrained”) in eCADSTAR’s Constraint Browser. Specifications include topology assignment and transmission line constraints

 

eCADSTAR’s high-speed capabilities include:

  1. Impedance controlled routing: In eCADSTAR, hardware engineers can constrain both single-ended and differential impedance to meet constraints on each board layer.
  2. Length, delay and skew based routing: eCADSTAR works with both, length and delay constraints, including built-in simulation for detailed investigation of effects such as signal-to-signal coupling.
  3. Topology control: High-speed signals need a routing topology that adhere to specified constraints. eCADSTAR enables topology control with a wide selection of templates and instant visualization to make control as fast and reliable as possible.
  4. Handling of differential signals: In eCADSTAR differential signals can be routed with the assistance of automatic, clean end routing, specific design rules, and constraints.

Configurations and pricing

With modular bundles, eCADSTAR Base, Advanced 3D, Advanced HS and Ultimate eCADSTAR can be configured in a wide variety of options to fit individual needs. eCADSTAR promotional pricing starts at under 2000 GBP / 2200 EUR / 2500 USD.

About eCADSTAR

eCADSTAR provides a fully managed 2D/3D design process in a modern environment with a common user interface and centralized library that exists at the heart of schematic and PCB editors. Design constraints and variants can be defined in the schematic and propagated throughout the PCB layout and routing process. eCADSTAR helps ensure that PCB designers achieve top-class high-speed design the first time.

To learn more, or to request a demonstration please visit: www.ecadstar.com/advanced-HS

About Zuken

Zuken is a global provider of leading-edge software and consulting services for electrical and electronic design and manufacturing. Founded in 1976, Zuken has the longest track record of technological innovation and financial stability in the electronic design automation (EDA) software industry. The company’s extensive experience, technological expertise and agility, combine to create world-class software solutions. Zuken’s transparent working practices and integrity in all aspects of business produce long-lasting and successful customer partnerships that make Zuken a reliable long-term business partner. For more information, visit www.zuken.com, blog.zuken.com, or www.linkedin.com/company/zuken.

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JETCAM Expert v20.31.00 for CADCAM Nesting, JOC v3.37 for Automation Released

By
Sachin R Nalawade
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0

Monaco, Jan 7, 2020 – JETCAM International s.a.r.l. announced the launch of new versions of JETCAM Expert and JETCAM Orders Controller (JOC), containing various new features and enhancements.

 

joc-337-fill-existing-nestsJOC 3.37 allows you to select one or more nests and check if they can be used to fill existing order lists

 

JETCAM Expert v20.31.00 benefits from several global interface enhancements including a new Screen Macro Recording feature that allows users to assign menu options or keyboard shortcuts to strings of commands, drastically reducing the time to perform common functions. Unlimited UNDO/REDO allows the user to step back through multiple actions if required. Logic improvements across the board in areas such as fly cutting and common cutting can further reduce CNC machine runtime.

JETCAM Orders Controller (JOC) 3.37 now includes enhanced static nest ordering*, allowing users to select one or more nests in the nests screen and see if they can be used to fulfil parts in the orders list. Users can then modify the number of runs of each nest in order to see the optimum number required to fulfil the orders list. JOC can also create image thumbnails of components during CAD import. These can then be used by third-party systems such as MRP to show an image against a component. To aid customers where network stability and performance are sub-optimal JOC now makes multiple attempts to ready component data, ensuring that temporary network glitches will not impact processes from taking place.

There are also hundreds of other improvements and fixes throughout both applications.

Martin Bailey, General Manager said; “These releases focus on the user experience, with features such as Screen Macro Recording in JETCAM Expert and Static Nest Ordering in JOC both allowing users to perform tasks much quicker than before. We’ve also made significant ‘under the hood’ enhancements to many of our automation technologies, so not only do they take less time to run but they also deliver improvements in CNC machine and material efficiency on the shop floor.”

Videos of new functions are available to view in the JETCAM online video tutorial ‘University’, which is free for all JETCAM customers. Both products are available for immediate download for free for all customers with a current maintenance contract.

* JOC Premium Automation only

About JETCAM International s.a.r.l.

JETCAM International has been developing and distributing its JETCAM Expert range of CADCAM software since 1986, serving the sheet metal and aerospace/automotive composite cutting industries. In use in 82 countries worldwide, JETCAM software supports virtually every CNC punching, laser, plasma, routing, waterjet and flatbed cutting machine available today, and provides automation and Industry 4.0 IIoT connectivity. The software has received various accolades and awards due to its high level of automation and fast return on investment. For more information, visit https://www.jetcam.com.

Altair Acquires newFASANT to Expand its High-Frequency Electromagnetics Portfolio

By
Sachin R Nalawade
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0

TROY, MI, USA, Jan 6, 2020 – Altair, (Nasdaq: ALTR) a global technology company providing solutions in product development, high-performance computing and data analytics, today announced the acquisition of newFASANT, offering leading technology in computational and high-frequency electromagnetics. newFASANT’s solutions address a wide range of electromagnetic problems in areas such as antenna design and placement, radar cross section (RCS) analysis, automotive V2V/ADAS, and infrared/thermal signatures.

Originally a spin-off from the University of Alcalá, near Madrid, newFASANT is home to world renowned industry pioneers. Its software portfolio containing various full-wave and high frequency asymptotic electromagnetic solvers, when combined with Altair Feko™, will allow Altair to leapfrog its competition and offer advanced solutions in relevant technology areas like V2V, Doppler effects, radome analysis, periodic structures, reflectarrays and others.

“We are thrilled to welcome newFASANT and its brilliant engineers to Altair,” said James Scapa, Altair’s chief executive officer and founder. “By combining its people and software into our advanced solutions offerings, we are clearly emerging as the dominant player in high-frequency electromagnetics – technology that is critical for solving some of the world’s toughest engineering problems.”

“We couldn’t be more excited to join the ranks of such a globally relevant and growing software player,” said Felipe Cátedra, chief executive officer of newFASANT. “Ever since we spun off from the University of Alcalá, we have grown the sophistication of our offerings, but by joining a powerhouse like Altair, we will be able to commercially expand our footprint immensely.”

This move solidifies Altair’s place as a world leader in high-frequency electromagnetics, a critical technology that supports advanced digital communications for areas such as IoT, cellular networks, mobile phones and connected devices, V2V, radar and radio.

About Altair (Nasdaq: ALTR)

Altair is a global technology company that provides software and cloud solutions in the areas of product development, high performance computing (HPC) and data analytics. Altair enables organizations across broad industry segments to compete more effectively in a connected world while creating a more sustainable future. For more information, visit www.altair.com.

CES 2020 Survey by CITE, Dassault Reveal Consumers Want of Personalized Products

By
Sachin R Nalawade
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0

VELIZY-VILLACOUBLAY, France, Jan 6, 2020 – Dassault Systèmes (Euronext Paris: #13065, DSY.PA) today revealed that younger consumers are leading the push for personalization that improves products and services, quality of life and personal safety, and are more willing to pay and share their data to get it.  The findings came from a survey of citizens representing the demographics of adults in the U.S., China and France that was conducted in partnership with independent market research firm CITE Research.

The survey revealed differences among generations, geographies and technology adoption levels in terms of how consumers view personalization in mobility, healthcare, retail and the home and city environment, how they define personalization, and what they are willing to give up for it.  Yet it also confirmed that nearly all consumers already value the importance of personalization, in particular for health and personal safety, and share concerns about how data is collected and managed to achieve it.

Findings from the survey include:

  1. Consumers want personalization but don’t want to wait for it.  Eighty-three percent of consumers expect products or services to adapt in a matter of moments or hours.  Only 21% will wait four or more days for a personalized product or service to be delivered.
  2. Consumers are willing to pay on average 25.3% for personalization. In return, they expect to be compensated with an average of 25.6% savings for giving out their data. They are more willing to pay for personalized healthcare; less so for personalized retail.
  3. Industry has an opportunity to clearly define personalization.  Consumers have a mixed definition of personalization.  More than 50% define it as products/services they customize before purchasing, and as products/services selected from a list of options, as well as products/services created based on personal data; 63% of early technology adopters define personalization as the latter.
  4. Consumers are most interested in personalized products and services that benefit health, such as personalized preventative health plans based on behavior, and alert systems for falls.
  5. Personalization for personal safety is also of interest to consumers, such as products that notify of time-sensitive home emergencies, crime alerts based on location, and sending their location to police during times of safety concerns.
  6. Data privacy is a concern for 96% of consumers.  Most consumers will only share data they agreed to share in exchange for personalization, yet anonymizing data will make six out of 10 respondents more willing to share.  Eighty-eight percent will discontinue a helpful personalized service if they are unsure of how their data is being managed.  For 68%, consumer demands will lead to data protection.
  7. Artificial intelligence, 5G and home assistants are necessary for personalization.  About half of consumers think that 5G, in particular, is very necessary for delivery of personalization in healthcare, while it is seen as less vital in retail.
  8. Personalization expectations differ among generations.  Generation X , millennials  and Generation Z  are more comfortable sharing data for better personalization and are more likely to agree on the personal safety, time and monetary benefits it brings than baby boomers  and the silent generation.   Sixty percent of baby boomers are most excited about personalization in healthcare, 24% of Generation Z about mobility, and 21% of millennials about the environment.
  9. Chinese consumers are more enthusiastic about personalization than American and French consumers, but Americans have the highest expectations.  More American consumers expect personalized products and services to be commonplace by 2030, and more are willing to pay for them.

“Consumers want experiences with personalization as the differentiator, especially among younger consumers. The solution for manufacturers to capitalize on this trend is to collect, analyze and transform data while addressing concerns for data privacy.  Our 3DEXPERIENCE platform enables them to do just that. Using the platform, companies can innovate, design, create and manufacture hyper-personalized products in the most sustainable way,” said Florence Verzelen, Executive Vice President, Industry Solutions, Marketing and Global Affairs, Dassault Systèmes.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 250, 000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com

AEye, ANSYS Accelerate Autonomous Driving Safety

By
Sachin R Nalawade
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0

PITTSBURGH, PA, USA, Jan 6, 2020 – The next generation of autonomous vehicles will mimic how human eyes focus on and evaluate road conditions by leveraging AEye and ANSYS (NASDAQ: ANSS) technologies. AEye is incorporating ANSYS’ industry-leading simulation solutions into the design of its Intelligent Detection and Ranging (iDAR) platform — enabling customers to reduce physical prototyping and improve the safety and reliability of autonomous systems.

Safeguarding autonomous driving requires next-generation sensors to quickly and correctly interpret certain hazardous road scenarios that cannot be reliably detected by conventional perception platforms. To validate the sensors’ effectiveness, exhaustive road testing must be successfully completed — demanding significant development time and expenses. With ANSYS, AEye empowers automotive manufacturers to potentially simulate driving situations across millions of miles in just days, minimizing physical prototyping.

AEye is implementing ANSYS SPEOS and ANSYS VRXPERIENCE, a state-of-the-art driving simulation tool with physics-based sensor models, into the design of AEye’s iDAR — empowering customers to quickly test and certify iDAR designs within a realistic virtual driving environment. AEye’s automotive-grade iDAR combines deterministic and AI-driven perception to deliver detection and classification at high speed and far range not possible for conventional LiDAR or camera sensors. Through the integration, automotive customers deploying autonomous vehicle and advanced driver assistance systems (ADAS) will be able to virtually prototype AEye’s software-definable, agile LiDAR to simulate exactly how they want to sense their environment.

“Addressing use cases systematically will eventually allow AEye and its OEM and Tier 1 customers to drive more intelligence from the edge and achieve higher autonomous capabilities, a concept we refer to as autonomy on-demand,”said Luis Dussan, co-founder and CEO at AEye. “By collaborating with ANSYS, we are helping to accelerate customer and partner innovation – bringing safer, more reliable autonomous features to the market.”

“iDAR will substantially advance autonomous vehicles and advanced driver assistance systems’ reliability, enabling improved autonomous perception and, in turn, safer roads,” said Eric Bantegnie, vice president and general manager, Systems Business Unit at ANSYS. “ANSYS helps automotive manufacturers test scenarios that are nearly impossible to physically test, fully validating iDAR’s performance. As OEMs and Tier 1 manufactures adopt iDAR, our simulation solutions will reduce development time and optimize implementation.”

AEye and ANSYS will showcase their ability to detect driving scenarios using SPEOS and VRXPERIENCE at CES on Jan. 7-10 in Las Vegas at ANSYS Booth 3310 and AEye Booth 7538 in the Las Vegas Convention Center, North Hall.

About ANSYS, Inc.

If you’ve ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you’ve used a product where ANSYS software played a critical role in its creation. ANSYS is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world’s most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, ANSYS is headquartered south of Pittsburgh, Pennsylvania, U.S.A. For more information, visit www.ansys.com.

About AEye

AEye is an artificial perception pioneer and creator of iDAR, a perception system that acts as the eyes and visual cortex of autonomous vehicles. Since its demonstration of its solid-state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. The company is based in the San Francisco Bay Area, and backed by world-renowned investors including Kleiner Perkins Caufield & Byers, Taiwania Capital, Hella Ventures, LG Electronics, Subaru-SBI, Aisin, Intel Capital, Airbus Ventures, and others. For more information, visit www.aeye.ai.

European Private Equity Firm Apax Partners Acquires GRAITEC

By
Sachin R Nalawade
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0

PARIS, France, Jan 4, 2020 – Apax Partners announces the acquisition of GRAITEC, publisher and distributor in Europe and America, of BIM (Building Information Modelling) software for design, calculation, simulation, manufacturing and collaborative management.

 

apaxFrancis Guillemard (Graitec) and Gilles Rigal (Apax)

 

Apax Partners has signed an acquisition protocol for a majority stake in GRAITEC alongside its founder Francis Guillemard and the management team who are significantly reinvesting in the transaction.

GRAITEC offers software solutions that meet the digitalization needs of the architecture, engineering and construction industries through a portfolio of innovative products, both developed internally and by its historical partner Autodesk, the world leader in BIM solutions.

The company enjoys Autodesk Platinum reseller status across Europe and Gold in the United States, Canada and Russia. With nearly 550 employees and a network of 48 offices in 13 countries, GRAITEC distributes its solutions to 15,000 customers, representing nearly 135,000 active users.

Francis Guillemard, Founder and Chairman of the GRAITEC Group, said: “Thanks to Apax as a new investor, GRAITEC aims to become a leader in BIM by expanding its existing software portfolio and developing the distribution of innovative BIM solutions. This will include an ambitious acquisition strategy for which we have strong support from our new partner.”

Gilles Rigal and Thomas de Villeneuve, Partners at Apax Partners, said: “Under the leadership of its founder Francis Guillemard, Manuel Liedot – CEO – and his management team, GRAITEC has grown very rapidly over the past few years. TODAY, GRAITEC is a reputable company with a large international presence, with high growth potential, market leader. We are pleased to support Francis Guillemard and his teams in their very active development ambitions, notably through the acceleration of its international expansion and the consolidation of other players in the market for software solutions for digitalization of construction.”

Bertrand Limoges, Associate Director at Isatis Capital, welcomes this transaction and is very pleased with Isatis Capital’s contribution to the development of GRAITEC Group over the past five years, by supporting its executives in their transformation from value-up SMEs to added to international ETI.

About Apax Partners

Apax Partners is one of Europe’s leading private equity firms. With more than 45 years of experience, Apax Partners supports companies over time to become leaders in their sector. The funds managed and advised by Apax Partners amount to more than 3.3 billion euros. These funds invest in fast-growing SMEs and ETIs in four specialization sectors: TMT, Consumer, Health and Services.

Apax Partners, based in Paris (www.apax.fr), and Apax Partners, based in London (www.apax.com), have a common history but are two independent companies. For more information, visit www.apax.fr or follow @ApaxPartners_Fr

About GRAITEC

Founded in 1986, an international group, GRAITEC’s mission is to support the digital transformation of its customers by offering software solutions, consulting and training in the field of BIM.

GRAITEC is a high value-added BIM solutions company for design, computing, simulation, manufacturing and collaborative management, and an Autodesk Platinum partner in Europe and GOLD in North  America and Russia.

Present in 48 agencies in 13 countries around the world, with more than 550 employees, including more than 200 BIM consultants, GRAITEC is focused on innovation whose products are used by more than 100,000 construction professionals worldwide. For more information, visit www.graitec.com.

About ISATIS Capital

ISATIS Capital is an independent management company that invests in profitable, growing SMEs and supports them sustainably.

The ISATIS Capital team, with 18 years of experience, now manages more than 400 million euros through Professional Investment Capital Funds dedicated to institutional clients, FIP and FCPI distributed in private banks and with wealth management advisors, as well as through the perpetual CPF Isatis Capital Life and Retirement for life insurance contracts and retirement products. For more information, visit www.isatis-capital.fr

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