Autodesk Announces Intent to Acquire Moldflow

By DE Editors

Autodesk, Inc. (San Rafael, CA) just signed a definitive agreement to acquire Moldflow Corporation (Framingham, MA), a provider of injection molding simulation software solutions that allow designers to predict and optimize how plastic components will perform during each phase of the design and manufacture process.

The agreement demonstrates Autodesk's commitment to provide a comprehensive digital prototyping solution to manufacturers of all sizes, giving them the ability to optimize, validate, and improve their designs earlier in the process.

The acquisition will make analysis capabilities for plastics manufacturing available to manufacturers using Autodesk Digital Prototyping solution. Once the transaction is closed, Autodesk is committed to supporting Moldflow customers and integrating them into the Autodesk manufacturing community.

The transaction will be structured as a cash tender offer for all the outstanding shares of Moldflow common stock, is subject to customary closing conditions including regulatory approvals, and is expected to close in the second calendar quarter of 2008.

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To visit the company websites directly, go to Autodesk, Inc. and/or Moldflow.

Sources: Press materials received from the company and additional information gleaned from the company's website.