Dec
19
Written by:
Russ Henke
12/19/2008 6:01 AM
As part of its continuing program of acquisitions to build analysis and simulation capability,
Autodesk announced this week that it had signed a definitive agreement to acquire
ALGOR, Inc. for approximately $34 million.
Headquartered in Pittsburgh, PA, ALGOR's computer aided engineering (CAE) software is used for product design and development in the automotive, aerospace, medical, consumer products, defense, energy and utilities industries.
The acquisition will strengthen the Autodesk solution for digital prototyping with advanced simulation functionality, including multiphysics, mechanical event simulation and fluid flow.