Autodesk continued its strategic investment in product lifecycle management (PLM) and has announced it has acquired certain assets of Inforbix, LLC. Inforbix is a software company focused on cloud-based SaaS solutions aimed at increasing the value of product data, productivity, and improved decision making for manufacturing-based companies. Terms of the transaction were not disclosed. As a part of this acquisition, Autodesk also announced that it appointed Oleg Shilovitsky as Senior Director of PLM and Data Management. Shilovitsky is a co-founder of Inforbix, LLC.
“Oleg Shilovitsky is an established PLM thought leader who brings deep industry experience and a history of innovation to his new role at Autodesk,” said Buzz Kross, senior vice president, Design, Lifecycle and Simulation at Autodesk. “Since the launch of Autodesk PLM 360 last year, we have introduced thousands of new users to the power of cloud-based PLM. We are thrilled to welcome Oleg and under his leadership look forward to continued innovation and driving greater adoption of Autodesk PLM 360.”
Autodesk plans to incorporate Inforbix technology for indexing, search, personalization and data visualization into Autodesk PLM360, which will help to accelerate the vision for the Autodesk 360 cloud services.
Oleg Shilovitsky co-founded Inforbix in 2010 and served as CEO. He was Inforbix’s strategist, technologist, and ideologist and also an author of the PLM Think Tank and Beyond PLM blogs. Prior to Inforbix, Shilovitsky worked for Smart Solutions, SmarTeam, Enovia and Dassault Systems.
Commentary By Jeffrey Rowe, Editor
Well, summer’s (almost) over, and we’ve had a relative dearth of news coming out of the MCAD industry the past several weeks, but this acquisition is a big deal for both Autodesk and Inforbix.
Inforbix is a developer of software that lets users access and view product data from multiple sources without any confusing data extraction, import, or conversion required. The software also helps connect product data elements that may or may not be similar in character. Because it has always been cloud-based, Inforbix software is relatively easy to deploy and much less costly than traditional PLM applications – two characteristics also shared and touted by Autodesk’s cloud-based PLM 360.
To expand its PLM product offerings, Autodesk is acquiring “certain assets” of Inforbix. Although terms of the transaction were not disclosed (which is not all that unusual), the deal is not expected to have any impact on Autodesk’s future earnings guidance issued earlier on August 23, 2012 (see The Week’s Top MCAD Stories below). Requests for information regarding the “certain assets” and financial terms of the acquisition are still in the works, and we’ll report back what they are when Autodesk gets back with us.
It’s not too surprising that Autodesk plans to integrate Inforbix software into its PLM 360 (its cloud-based PLM suite launched in early 2012). It’s also not too hard to imagine that the Inforbix acquisition will expand the PLM 360 suite’s indexing, searching, personalizing, configuration, and data visualization capabilities.