Autodesk To Acquire Moldflow In $297M Deal
San Rafael-based Autodesk said Thursday that it has signed a definitive agreement to acquire Moldflow, a developer of software for simulating injection molding. Autodesk said it would pay $22 per share for the firm, making the deal worth approximately $297M. Moldflow is based in Framingham, Mass., and had fiscal 2007 revenues of $55.9M. Autodesk said it expects the deal to close in Q2 of 2008. Autodesk said the acquisition would provide its customers with analysis capabilities for plastics manufacturing.
posted on Friday, May 2, 2008
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