Autodesk, a leading global software company, has announced its acquisition of netfabb, a German-based firm specializing in industrial additive design and manufacturing software. The deal, which is expected to close in Autodesk’s fourth quarter of fiscal year 2016, also includes a strategic investment in FIT Technology Group, the parent company of netfabb. This move aims to strengthen collaboration between the two companies and promote broader adoption of 3D printing technology in industrial applications.
The transaction will be funded using foreign capital, and while specific financial details were not disclosed, the acquisition aligns with Autodesk’s vision to expand its presence in advanced manufacturing. Samir Hanna, Vice President and General Manager of Consumer & 3D Printing at Autodesk, emphasized that this partnership will help bring 3D printing beyond prototyping and plastics, enabling reliable production of high-quality parts at scale.
Netfabb currently serves over 80,000 users worldwide, including designers, manufacturers, artists, and developers. Autodesk plans to continue supporting and growing this community by integrating netfabb’s technology into its own product suite, such as Autodesk Fusion 360 and the Spark 3D printing platform. This integration is expected to enhance the capabilities of both companies and provide more robust solutions for users across various industries.
Carl Fruth, CEO of FIT AG, expressed confidence in the future of netfabb under Autodesk’s ownership. He stated that the collaboration would allow netfabb to continue thriving and expanding its offerings while aligning with Autodesk’s long-term goals in industrial additive manufacturing.
Autodesk remains confident that this acquisition will not impact its previously issued financial guidance from August 27, 2015. However, the company acknowledges that there are risks and uncertainties associated with the transaction, including integration challenges, market demand, and competitive pressures. These factors are outlined in the safe harbor statement included in the press release.
For more information about Autodesk and its commitment to innovation, visit autodesk.com or follow @autodesk on social media. The company continues to invest in technologies that empower creators and professionals around the world to imagine, design, and build a better future.
This press release contains forward-looking statements, and Autodesk does not assume any obligation to update them. For further details on potential risks, please refer to the company’s filings with the Securities and Exchange Commission.
Contact: Noah Cole, Autodesk, Inc. – Phone: +1-415-580-3535
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