US-based Autodesk to Acquire PlanGrid for $875 million
The American software company Autodesk has announced its plans to acquire PlanGrid for $875 million. Autodesk which is based in San Francisco helped move blueprints from paper to the iPad when it launched in 2011.
“There is a huge opportunity to streamline all aspects of construction through digitization and automation. The acquisition of PlanGrid will accelerate our efforts to improve construction workflows for every stakeholder in the construction process,” CEO Andrew Anagnost stated.
PlanGrid has excelled at building beautiful, simple field collaboration software, and on the other hand, Autodesk has focused on connecting design to construction. Together, these companies can drive greater productivity and predictability on the jobsite.
PlanGrid currently has 400 employees, 12,000 cu...