Autodesk Completes $286M Acquisition of Delcam
Autodesk headquartered in San Rafael, CA is an early player in the CAD software space with AutoCAD and later the Inventor line and is the developer of a range of 3D design, engineering and entertainment software. Autodesk announced that it has completed a $286 million acquisition of U.K.-based Delcam, a supplier of computer-aided manufacturing (CAM) software. The companies first announced plans for the deal in November. Delcam will operate as an independently operated subsidiary of Autodesk, with no significant changes to its business. “The acquisition of Delcam is an important step in Autodesk’s continued expansion into manufacturing and fabrication and beyond our roots in design,” said Buzz Kross, Autodesk’s senior vice president for design, lifecycle and simulation products.