Autodesk to acquire Alias

With the acquisition, Autodesk hopes to grow its expertise and offerings for the media and entertainment markets. The transaction is expected to close early next year.

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By  Vijaya Cherian Published  October 16, 2005

Autodesk has signed a definitive agreement to acquire Alias for US $182 million in cash. With the acquisition, Autodesk hopes to grow its expertise and offerings for the media and entertainment markets. The transaction is expected to close early next year. "This acquisition brings to Autodesk a highly talented group of individuals, a wealth of technologies and a great set of products," says Carl Bass, COO of Autodesk. "Alias' technology spans several of our most important markets and augments the synergy between our design and media businesses. Our design customers are demanding more powerful visualisation, animation and publishing capabilities. Our media and entertainment customers are increasingly using the data created by our design applications for broadcast, film and games projects. By combining the technology and talents of our two companies, we will be better able to continue delivering solutions that address our customers' complex needs." Alias is most widely known in the Middle East for Maya, its 3D application. Its products will primarily augment Autodesk's offering in the film and video and interactive games segments. Alias StudioTools will add industrial design and high-end visualisation capabilities to Autodesk's manufacturing solutions. Autodesk will continue to develop the Alias product lines in conjunction with Autodesk's complementary products and technologies. “This acquisition is designed to leverage the strengths of both companies," says Doug Walker, president and CEO of Alias. "Our customers will benefit from US $300 million in R&D spending while having access to complementary technologies. Together, we will deliver products and services that give form to great ideas from the fantasy world of film to the factory floor."

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