Autodesk to Acquire Constructware

About this Issue….

Welcome to AECWeekly! This week, read what Scott Unger, CEO of Constructware, had to say about the acquisition of Constructware by Autodesk.

AECWeekly is a news magazine featuring important industry news profiles, a summary of recently published AEC product and company news, customer wins, and coming events. Brought to you by AECCafe.

AECWeekly examines select top news each week, picks out worthwhile reading from around the web, and special interest items you might not find elsewhere. This issue will feature Industry News, Announcements, Awards, Appointments, Financials, Training, New Products, Around the Web and Upcoming Events.

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Industry News


Autodesk to Acquire Constructware
by Susan Smith

This week Autodesk signed a definitive agreement to acquire Constructware, for $46 million USD in cash. Constructware provides on-demand communication and collaboration solutions that streamline design, construction and facility project management. Scott Unger, CEO of Constructware, had this to say about the acquisition:

1) Will Constructware solutions be integrated into Buzzsaw - if so, how will this be done? How similar are the technologies?

One of the key drivers for this acquisition was the strength of the Constructware ASP solution and its large general contractor and public sector customer base. Autodesk plans to make significant investments in supporting, enhancing and integrating the Constructware ASP solution with Autodesk's Collaborative Project Management solutions, including Buzzsaw, Revit and Civil 3D. Our joint commitment to investing in and promoting the benefits of on-demand project management solutions will help in our integration efforts and is aligned with Autodesk's long standing belief that applications delivered on-demand are ideal for meeting needs of our customers in the highly fragmented and global construction markets. The Constructware product set is compatible with Autodesk products and we will work closely to ensure that valued integration of the overall solution will evolve over time.

Throughout this process we will work closely with our customers to identify industry needs, define requirements and drive customer-led industry leading innovation into our products. Our joint commitment to working closely with customers and understanding market requirements will ensure that we develop and deliver a comprehensive collaborative project management solution that meets the requirements of customers and markets served by both companies.

2) What does Constructware have that is lacking or yet to be realized in Buzzsaw?

The Constructware product line is complementary to Autodesk's Collaborative Project Management solution and provides capabilities that are beneficial to both existing customers and prospects that need to manage all phases of building and construction lifecycles. Both companies have a primary focus on delivering solutions that streamline communication and collaboration throughout the plan, build and operate phases of the building lifecycle. This acquisition enables Autodesk to rapidly expand its existing collaborative project management solution, Autodesk Buzzsaw, with Constructware's leading cost, bid, and risk management capabilities.

3) How many customers (approximately) are already both Autodesk and
Constructware customers?


There are a limited number of clients who use both Buzzsaw and Constructware products simultaneously - very little overlap.

4) Will Autodesk be acquiring a large customer base with this acquisition?

Constructware is well established in the construction industry with general- and sub-contractors and has demonstrated significant traction in the public sector among government, health sciences and education organizations. This is complementary to Autodesk Buzzsaw's customer base in home building, and the retail, and hospitality segments of the commercial real estate market.

5) Will Constructware maintain its geographical offices in Georgia as well as primary staff, or will they all move to Autodesk headquarters in San Rafael?

Autodesk plans to acquire all of the business of Constructware and retain the vast majority of its current employees. Autodesk will continue to maintain Constructware's facilities in Georgia and Vermont. Scott Unger, Constructware's founder and CEO, will play a key role in the new combined organization.


Acquisitions/Alliances/Agreements

SoftNet Technology Corp. is proud to announce that they have entered into an agreement with Hewlett-Packard to serve as an Authorized Business Development Partner. This partnership will permit STTC to purchase and resell select items in HP Imaging and Printer and Personal System Product lines. SoftNet has the option to choose their distributor. The agreement was on November 22, 2005 and will remain in effect until May 31, 2006.

Bentley Systems, Incorporated announced that it has acquired the assets of Cook-Hurlbert of Austin, Texas, a leading provider of engineering design software for electric and gas distribution networks. Cook-Hurlbert's Expert Designer spatial network layout and analysis software was among the first developed specifically for utility designers and engineers. Users of this open and integrated software include many leading utilities such as Baltimore Gas and Electric (BGE), a Constellation Energy Company, and Xcel Energy.

A+ Integrated Solutions, Inc., one of the largest, longest-standing integrators in the Bentley Reseller Community and a leader in sales, user support, and user satisfaction, announced that it has been acquired by Bentley Systems, Incorporated.

Geac, a global enterprise software company dedicated to addressing the needs of CFOs, announced that they have signed a global agreement with MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence software.

Lionbridge Technologies, Inc., announced that AVEVA, a provider of engineering IT solutions and services to the oil and gas, paper and pulp, power, chemical, pharmaceutical and shipbuilding industries, has selected Lionbridge for a comprehensive offshore development program. With the agreement, Lionbridge will manage a dedicated team of developers, located in the Lionbridge Chennai solution center, that will provide application support and development services for AVEVA's Vantage Plant Design, Vantage Plant Engineering, Vantage Enterprise Net and Vantage Project Resource Management product groups.


Announcements

TRIRIGA, the global leader of Integrated Workplace Management Systems, announced the launch of its "Trade Up" program. Created specifically for Datastream customers, this program smoothly transitions their maintenance and asset management solutions to TRIRIGA, the world's best CMMS (Computerized Maintenance Management System) solution.

"Trade Up" offers an easy-to-use, comprehensive solution for Datastream customers who want to maintain their current maintenance programs with an established solution that has a clear direction.


Awards

Autodesk, Inc. announced that AutoCAD Electrical, the leading application for fast and accurate design of industrial control systems, has been recognized by the readers of Control Design magazine for providing the best technology value, services and support in a recent survey. The survey results, as part of the Fifth-Annual Readers' Choice Award, showed AutoCAD Electrical as the preferred application by 79% of the subscribers who responded.

ARCHIBUS, Inc.-developer of the Total Infrastructure and Facilities Management (TIFM) solution with over 3,000,000 users-announced that it has been positioned in the Leaders Quadrant by Gartner, Inc. in its report “Magic Quadrant for Integrated Workplace Management Systems, 2005” written by Michael A. Bell, research vice president, and released on December 20, 2005.

The CAD Society announced it is now accepting nominations for the 2006 CAD Society Industry Awards.

"The three awards the CAD Society presents every year is our way of recognizing those who have contributed to the CAD/CAM industry in various ways," said Jeff Rowe, president of The CAD Society. "We are looking forward to hearing what the community has to say when they help us select the 2006 nominees."

The CAD Society presents awards in three categories: Leadership Award, Joe Greco Community Award, and Lifetime Award. The board members of the CAD Society will review all nominations on Wednesday March 29, 2006 and will determine the award winners for each of the three categories. The awards will be presented at COFES 2006 held April 20-23 in Scottsdale, AZ.Nominations should be sent to Email Contact . See CAD Society for more information.

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