{"id":21376,"date":"2021-03-10T09:34:00","date_gmt":"2021-03-10T06:34:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=21376"},"modified":"2026-03-27T20:42:01","modified_gmt":"2026-03-27T17:42:01","slug":"autodesk-to-acquire-innovyze-inc-for-1-billion-provider-of-smart-water-infrastructure-modeling-and-simulation-technology","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/autodesk-to-acquire-innovyze-inc-for-1-billion-provider-of-smart-water-infrastructure-modeling-and-simulation-technology\/","title":{"rendered":"Autodesk to Acquire Innovyze, Inc. for $1 Billion; Provider of Smart Water Infrastructure Modeling and Simulation Technology"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Positions Autodesk to offer end-to-end solutions for design, construction, operations and maintenance of water infrastructure<\/em><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/saudishopper.com.sa\/ar\/?p=37729\" target=\"_blank\" rel=\"noreferrer noopener\">\u0639\u0631\u0628\u064a<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Riyadh, Saudi Arabia, 9<sup>th<\/sup>&nbsp;March 2021 \u2013&nbsp;<a href=\"http:\/\/www.autodesk.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Autodesk, Inc.<\/a>&nbsp;(NASDAQ: ADSK) today announced it had signed a definitive agreement to acquire Portland, Oregon-based&nbsp;Innovyze, Inc., a global leader in water infrastructure software, for $1 billion net of cash subject to working capital and tax closing adjustments. Autodesk&#8217;s acquisition positions as a technology leader in end-to-end water infrastructure solutions from design to operations accelerate Autodesk\u2019s digital twin strategy. It creates a clearer path to a more sustainable and digitized water industry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Innovyze\u2019s modeling, simulation, and predictive analytics solutions enable more cost-effective and sustainably designed water distribution networks, water collection systems, water wastewater treatment plants, and flood protection systems. Further, Innovyze&#8217;s solutions centralize infrastructure asset visibility to optimize capital and operational expenses. Combining Innovyze\u2019s portfolio with the power of Autodesk\u2019s design and analysis solutions, including Autodesk Civil 3D, Autodesk InfraWorks, and the&nbsp;Autodesk Construction Cloud, offers civil engineers, water utility companies, and water experts the ability to better respond to issues and to improve planning.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For 35-years, Innovyze has been building innovative software for the water industry and is trusted by approximately 3,000 customers worldwide, including utility companies in many of the most populous cities across five continents, a majority of ENR\u2019s top design firms, and leading environmental and engineering consultancies.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, more than two billion people lack access to safe drinking water at home, and by 2025 more than two-thirds of the world&#8217;s population will reside in water-stressed areas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe can achieve a more sustainable planet, but we can\u2019t do it without responsibly managing our use of water and securing its future,\u201d said Andrew Anagnost, Autodesk president and CEO. \u201cAn estimated $1.9 trillion is required to address global water infrastructure needs by 2030, and by fundamentally changing the way systems are designed, constructed, and operated, we are best positioned to overcome this challenge and realize the better world we\u2019ve imagined.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cNearly nine trillion gallons of water are lost each year worldwide due to prolonged leaks and pipe breaks, but we cannot manage or fix what we cannot see,\u201d said Amy Bunszel, Executive Vice President, AEC Design Solutions at Autodesk. \u201cInnovyze\u2019s portfolio of operational analytics, distribution modeling, and asset management solutions provides the insight needed to identify this and other potential problems before they become a crisis.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cFor thirty-five years Innovyze has been a hidden part of the daily lives of millions of people around the world, helping to deliver fresh, clean water, managing sewage and flooding in our communities, and turning wastewater into safe water,\u201d said Colby Manwaring, CEO of Innovyze. \u201cSimilarly, if you look at the&nbsp;<a href=\"https:\/\/www.autodesk.com\/solutions\/architecture-engineering-construction\">built world<\/a>around us, Autodesk\u2019s design DNA is found in just about every structure you see above ground and below, so it makes strategic sense to bring together our complementary organizations critical to much of the world\u2019s population. We look forward to completing the acquisition and getting to work, together.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information on the acquisition, please see the accompanying&nbsp;<a href=\"https:\/\/adsknews.autodesk.com\/app\/uploads\/2021\/02\/Indra-IR-Deck_Final_220221.pdf\">PDF here<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction is subject to customary closing conditions and is expected to close during Autodesk&#8217;s first quarter of Fiscal Year 2022, ending April 30, 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Positions Autodesk to offer end-to-end solutions for design, construction, operations and maintenance of water infrastructure Riyadh, Saudi Arabia, 9th&nbsp;March 2021 \u2013&nbsp;Autodesk, Inc.&nbsp;(NASDAQ: ADSK) today announced it had signed a definitive agreement to acquire Portland, Oregon-based&nbsp;Innovyze, Inc., a global leader in water infrastructure software, for $1 billion net of cash subject to working capital and tax [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":21377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-21376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site 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strengthens smart water infrastructure modeling and simulation for design, construction, and operations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/saudishopper.com.sa\/en\/autodesk-to-acquire-innovyze-inc-for-1-billion-provider-of-smart-water-infrastructure-modeling-and-simulation-technology\/\" \/>\n<meta property=\"og:site_name\" content=\"Saudishopper\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SaudiShopper\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-10T06:34:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-27T17:42:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Autodesk_Indra-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mohamed Ghamdi\" 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