Autodesk has announced the acquisition of Innovyze, a developer of water infrastructure modeling, simulation and analysis technology, for $ 1 billion. Autodesk, which had not spent such a large amount in any of its previous acquisitions, became the end-to-end software provider for the specialty with this transaction.
, used by sewer organizations worldwide. Autodesk wants to pair Innovyze’s portfolio with its own design and analytics software (Autodesk Civil 3D, Autodesk InfraWorks, Autodesk Construction Cloud) and become a leading player in water management
Nearly nine billion liters of water are wasted every year due to leaks and pipe fractures, but we can’t fix or deal with a problem we don’t see, said Amy Buns, one of Autodesk’s executives. Innovyze’s portfolio of operational analytics, sharing modeling, and asset management provides insight to help identify troubles and failures before their impact becomes catastrophic.
Since 2017, Autodesk has included Assemble, BuildingConnected, PlanGrid, Pype and Spacemaker bought the company for a total of $ 2.4 billion – to which is now added the $ 1 billion paid for Innovyze.
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