Autodesk Plans to Acquire Delcam
Autodesk intends to acquire the UK-based software developer in the 2015 fiscal year.
Autodesk (San Rafael, California) has announced its intention to acquire manufacturing software supplier Delcam of Birmingham, UK. Delcam’s design, manufacturing and inspection CAD/CAM software is used in industries ranging from aerospace to toys and sports equipment. Autodesk will acquire Delcam for approximately £172.5 million ($277 million), structured as a cash offer for all the outstanding shares of Delcam. The transaction is expected to close in Autodesk’s first quarter of the 2015 fiscal year.