Check out the latest PlanGrid product releases, updates, and announcements on Autodesk's Digital Builder blog. Autodesk's BIM 360 construction management platform connects the people, data and workflows on construction projects by supporting informed decision-making throughout the project lifecycle. As the acquisition closed on December 19, 2018, only a partial quarter of PlanGrid's financial results will be reflected in Autodesk's fourth quarter of fiscal 2019, ending January 31, 2019. Experience the power of connected construction today. While our software is just... How to Create Superior As-Builts and Wow Clients Most of us can barely remember what we had for breakfast on Tuesday, let alone what we did on a work project back in 2014. View original content to download multimedia:http://www.prnewswire.com/news-releases/autodesk-completes-plangrid-acquisition-300769312.html, Press: Taylor Long, (541) 231-9695, taylor.long@autodesk.com; Investors: Abhey Lamba, (415) 547-3502, abhey.lamba@autodesk.com, http://www.prnewswire.com/news-releases/autodesk-completes-plangrid-acquisition-300769312.html. Autodesk funded the transaction using a combination of cash on hand and a short-term loan. Autodesk’s move to digitize construction is no secret. Today, Autodesk also announced its intent to acquire BuildingConnected. This class will help to answer those questions and to provide an update on how Autodesk is working towards helping you use the solutions together effectively and efficiently. Autodesk Completes PlanGrid Acquisition: Autodesk, Inc. (NASDAQ: ADSK) has completed the acquisition of PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. For more information, please view this press release. Factors that could cause actual results to differ materially include the following: Autodesk's ability to successfully integrate PlanGrid's business; costs related to the acquisition; whether the construction industry grows as anticipated; the competitive environment in the construction industry and competitive responses to the acquisition; Autodesk and PlanGrid's success developing new products or modifying existing products and the degree to which these gain market acceptance; general market and business conditions; and unanticipated impact of accounting for acquisitions. PlanGrid remains deeply committed to investing in our platform to help builders build better, a commitment and vision that Autodesk shares. PlanGrid. That's why we chose BIM 360 and PlanGrid to help us digitize every step of the construction process to accelerate project delivery, reduce risk and increase productivity. She likes to joke that she went from working for one superintendent to hundreds of thousands through PlanGrid. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer … For fiscal year 2020, Autodesk expects an immaterial revenue and Annualized Recurring Revenue (ARR) benefit from BuildingConnected and a slightly dilutive impact to profitability and cash flow. Since 2017, Autodesk has invested in nine construction technology startups. Autodesk and PlanGrid have developed complementary construction integration ecosystems to which customers can connect other software applications. Over time, customers of PlanGrid and other Autodesk products will see a much tighter integration between the software solutions, which will drive increased value for our customers. Autodesk and PlanGrid … Autodesk Completes PlanGrid Acquisition to Accelerate Construction Productivity Autodesk and PlanGrid have developed complementary construction software. This acquisition will enable Autodesk to offer a more comprehensive, cloud-based construction platform. And we remain committed to, interoperability with other critical construction, 5 New PlanGrid Product Enhancements for RFIs, Submittals, and More, The Big 5 Dubai: Constructing a World Class Trade Show, 3 PlanGrid Product Updates to Kick Off 2020, 6 Next Level Strategies to Improve As-Builts, 10 Must-Read Building and Design Articles from January 2020. As the acquisition closed on December 19, 2018, only a partial quarter of PlanGrid's financial results will be reflected in Autodesk's fourth quarter of fiscal 2019, ending January 31, 2019. Autodesk, Inc. based in San Rafael says it has signed a definitive agreement to acquire PlanGrid, a provider of construction productivity software, for $875 million net of cash.“This acquisition will enable Autodesk … PlanGrid is a mobile-first, field collaboration software, which gives contractors, owners, and architects unprecedented access to information in real-time, facilitates effective collaboration, and … Autodesk's BIM 360 construction management platform connects the people, data and workflows on construction projects by supporting informed decision-making throughout the project lifecycle. The price of the transaction was $875 million. Autodesk, Inc. has signed a definitive agreement to acquire PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. Beyond Point … SAN RAFAEL, Calif., Dec. 20, 2018 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) has completed the acquisition of PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. Thank you for being part of our journey. Beyond Point Solutions: A … The San Francisco startup helped move blueprints from paper to the iPad when it launched in 2011. Pype marks Autodesk’s fourth construction-based acquisition in recent years, joining the acquisitions of Assemble in July 2018, PlanGrid in December 2018 and BuildingConnected in January 2019. Autodesk Inc has closed its previously announced acquisition of San Francisco-based PlanGrid, a provider of construction productivity software. Collaboration where work happens Instantly distribute plans and documents that are … SAN RAFAEL, Calif., Dec. 20, 2018 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) has completed the acquisition of PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. "PlanGrid has excelled at building a product portfolio and go-to-market engine for satisfying the needs of how project teams use critical project documentation to streamline everyday construction tasks," said Andrew Anagnost, Autodesk CEO. 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. Watch the video below for a message from Autodesk CEO, Andrew Anagnost, and PlanGrid CEO, Tracy Young. Young holds a Bachelor of Science degree in Construction Engineering Management from California State University-Sacramento. SAN RAFAEL, Calif., Dec. 20, 2018 /PRNewswire/ -- Autodesk, Inc. has completed the acquisition of PlanGrid, a leading provider of construction productivity software, for $875 million net... | … PlanGrid. This event is an important milestone, as it accelerates PlanGrid and Autodesk’s joint vision … Andrew and Tracy explain how the acquisition benefits customers and how the two companies plan to integrate, then discuss their shared vision for the future of construction productivity. PlanGrid builds simple, powerful software construction teams love to use. On behalf of everyone at PlanGrid, thank you for your support, trust and business. Autodesk and PlanGrid have developed complementary construction software. For more information, see the PlanGrid press release and FAQ. PlanGrid software lets general contractors, subcontractors and owners in commercial, heavy civil and other industries benefit from real-time access to project plans, punch lists, project tasks, progress photos, daily field reports, submittals and more. This includes enhancements to the features and products our field collaboration software users love to use... We’re honored to begin a new decade with an amazing base of passionate and innovative customers. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. Autodesk said it plans to buy the construction software startup PlanGrid for $875 million. Our mission has always been to build simple, beautiful software that you and your … PlanGrid is construction productivity software used on more than one million projects around the world. PlanGrid's … The company's mobile-first technology gives general contractors, subcontractors, owners and architects access to information in real-time, enables field collaboration and provides actionable insights. Autodesk Completes PlanGrid Acquisition: Autodesk, Inc. (NASDAQ: ADSK) has completed the acquisition of PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. SAN RAFAEL, Calif., Nov. 20, 2018 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) has signed a definitive agreement to acquire PlanGrid, a leading provider of construction productivity software, for $875 million net of cash. 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