Autodesk to buy Alias
California-based Autodesk Inc. announced yesterday that they plan to acquire Toronto-based Alias for $182 million in cash. The acquisition is expected to be completed within six months. “Alias’ technology spans several of our most important markets and augments the synergy between our design and media business,” said Carl Bass, COO of Autodesk. Autodesk is the creator of one of the top computer aided design programs; AutoCAD, which is used by many engineers and architects for design activities including drafting. Autodesk’s software is used by
Source: Wikinews