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Autodesk to improve offerings for architects with Spacemaker acquisition

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Autodesk, which provides software products for the architecture and construction sectors, has agreed to acquire Norwegian architect software developer Spacemaker for $240m in cash.

Oslo-based Spacemaker facilitates early-stage design decision making for architects, urban designers, and real estate developers through Cloud-based, artificial intelligence (AI), and generative design.

Through the deal, Autodesk aims to expand its products for architects and provide them with the โ€˜automation superpowerโ€™ to test design concepts and create more sustainable spaces and cities.

Moreover, the addition of Spacemakerโ€™s platform will enable the company to speed up outcome-based design capabilities for architects.

Autodesk CEO and president Andrew Anagnost said: โ€œSpacemaker is a lesson in the power of insights and automation, giving designers the ability to create and test urban design ideas in minutes.

โ€œWith two billion more people expected to call our planet home by 2050, speed of design and sustainability in urban planning must be priorities. Spacemaker technology offers a fundamental shift in how we imagine and build cities to keep people and the planet healthy.โ€

Spacemaker CEO and co-founder Havard Haukeland added: โ€œAutodesk shares our goal to create a healthier planet for everyone and is uniquely positioned to more rapidly place our product in the hands of planning teams everywhere. This is a proud milestone for our team and those who supported us from the start.โ€

The deal is expected to complete during Autodeskโ€™s fourth quarter of fiscal 2021, ending 31 January 2021.

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