Autodesk Acquires Spacemaker; Helps Architects Quickly Create Designs
Category: #business  By Pranali Mehta  Date: 2020-11-19
  • share
  • Twitter
  • Facebook
  • LinkedIn
Autodesk Acquires Spacemaker; Helps Architects Quickly Create Designs

Autodesk, Inc. announced that it has signed a contract to take over Spacemaker for $240 million net of cash. The agreement is subject to customary closing conditions and is estimated to close in the fourth quarter of the financial year 2021 of Autodesk.

With this acquisition, Autodesk will leverage Spacemaker’s powerful platform to drive user-centric, modern automation which is powered by AI, and speed-up the outcome-based design competencies for architects.

Spacemaker helps design professionals to create and assess options for urban development or a building. With AI as a companion to the architect, the Spacemaker platform helps users to rapidly generate, optimize and reiterate design alternatives, all while considering the criteria for design and data, including maps, terrains, zoning, traffic, etc. The Oslo-based enterprise quickly returns design options optimized for complete potential on the site, leading to better output from the beginning and helps designers to concentrate on the creative part of their professional work.

The Senior Vice President of Autodesk’s Autodesk, Amy Bunszel stated that the company’s values are always reflected in the decisions made. This deal signifies the company’s dedication to the advancement of architects and the designer’s ability to change the world for the better. With the team and complementary technology at Autodesk, the transformational solution of Spacemaker will allow designers to make more informed decisions.

The CEO and co-founder of Spacemaker, Havard Haukeland expressed that Autodesk shares the same goal as Spacemaker’s to create a healthier planet and is exclusively positioned to quickly place Spacemaker’s product in the hands of planning teams everywhere.

 Spacemaker is an Oslo-based company that uses cloud-based, AI, and generative design to support urban designers, architects, and real estate developers make early informed design decisions faster and make way for improved opportunities for sustainability from the beginning. It also helps architects maximize the long-term property investments of their clients by assessing the best options from the start.

 

Source: https://www.prnewswire.com/news-releases/autodesk-acquires-spacemaker-offers-architects-ai-powered-generative-design-to-explore-best-urban-design-options-301174175.html

 

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

Tesla CEO Elon Musk starts first Semi truck deliveries in Sparks, Nevada
Tesla CEO Elon Musk starts first Semi truck deliveries in Sparks, Nevada
By Pranali Mehta

Elon Musk, Tesla's CEO, has recently kicked off the delivery of its first few production Semi trucks developed at its factory in Sparks, Nevada, while talking with Dan Priestly, Senior Manager, Semi truck engineering Tesla. Musk and Tesla did not...

RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
RedBrick AI backed by Sequoia India & Surge in $4.6 million funding
By Pranali Mehta

RedBrick AI, the health-tech startup has reportedly raised $4.6 million in a funding round, which was led by Sequoia India and Southeast Asia’s Surge. According to reports, this fund will be used to expand the market for RedBrick’s medica...

UK increases borrowing as energy support starts and economy declines
UK increases borrowing as energy support starts and economy declines
By Pranali Mehta

The UK has reportedly increased its borrowings as government assistance with energy costs and the effects of a weak economy led to an increase in the UK public debt last month to the fourth highest level for an October on record. Office for Nation...