India, May 28 -- Design software company Autodesk Inc. (ADSK) on Thursday announced an agreement to acquire maintenance and operations software provider MaintainX in an all-cash transaction valued at about $3.6 billion.
Autodesk said the acquisition is intended to strengthen its strategy of connecting design, manufacturing and operational workflows through a unified platform.
MaintainX provides maintenance management and operational workflow software used for asset inspections, work orders and equipment monitoring.
"Autodesk is expanding beyond design and make to operations, ensuring data and insights flow seamlessly in a continuous lifecycle. For decades, we've helped customers create the world around us, giving Autodesk a strong founda...