Autodesk buying some technology from Graitec

Autodesk buys structural fabrication and detailing technology from Graitec for undisclosed sum

Associated Press

SAN RAFAEL, Calif. (AP) -- Design software company Autodesk is buying structural fabrication and detailing technology from Graitec to help broaden its building information modeling portfolio.

Financial terms were not disclosed.

Graitec, based in France, provides software for structural engineering, civil engineering and building construction.

Autodesk Inc. said Wednesday that the transaction includes Graitec's advance steel and advance concrete product lines. Graitec will continue to sell and support advance steel and advance concrete, as well as sell, support, and develop its remaining products for structural engineering.

The deal is expected to close in the fourth quarter.

Shares of San Rafael, Calif.-based Autodesk, best known for its AutoCAD design software, gained 6 cents to $40.55 in premarket trading.

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