Jan. 31, 2006: Autodesk Acquires Assets Of Applied Spatial Technologies
SAN RAFAEL, Calif. - Autodesk Inc. announced that it has acquired the majority of Applied Spatial Technologies' assets, including its flagship software application for facilities management, FMDesktop. This acquisition signals Autodesk's entry into the facilities management area and, according to the company, will enable Autodesk customers including owners and tenants to create, manage, and share building data throughout the building lifecycle. Terms of the acquisition were not disclosed.
"Autodesk is confident that FMDesktop is the right product with the right vision for our customers," said Jay Bhatt, vice president, Building Solutions Division, Autodesk. "We are committed to the facilities management market and will continue to develop new products and services to help space planners and facility managers realize their ideas."