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Autodesk

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Autodesk to acquire MaintainX to fuse design, build, and operate workflows
technology1 month ago

Autodesk to acquire MaintainX to fuse design, build, and operate workflows

Autodesk announced a $3.6 billion all-cash deal to acquire MaintainX, creating Autodesk Operations Solutions (AOS) to unify its design, make, and operate workflows. The acquisition aims to connect operations data with the broader lifecycle, enabling faster, more informed decisions and expanding Autodesk’s reach through AI‑driven insights and real‑world asset data. MaintainX expects over $135 million ARR in 2026 with greater than 50% growth. The deal is subject to regulatory approvals and closing conditions and will be funded with cash on hand and debt, with closing anticipated later this fiscal year.

via Autodesk News|
#ai#autodesk#digital-twin
Market Highlights: Caterpillar, Nvidia, Alibaba, and Key Movers
business10 months ago

Market Highlights: Caterpillar, Nvidia, Alibaba, and Key Movers

U.S. equities declined amid inflation concerns and pre-Labor Day trading, with Autodesk leading gains due to strong demand for its AI data center software, while Caterpillar warned of tariff impacts, Nvidia's stock fell due to competition from Alibaba's AI chip, and other companies like Petco and Affirm reported positive earnings. Gold prices rose, oil and cryptocurrencies fell, and bond yields increased.

via Yahoo Finance|
#autodesk#autonomous-vehicles#business
"Cramer's Lightning Round: Oracle and Wingstop are Top Buys, Avoid Chinese Stocks"
stock-market2 years ago

"Cramer's Lightning Round: Oracle and Wingstop are Top Buys, Avoid Chinese Stocks"

Jim Cramer, host of "Mad Money," gave his lightning round opinions on various stocks. He recommended buying Wingstop due to its strong stock performance. Cramer advised against investing in RingCentral and NetEase, citing concerns about competition and Chinese stocks. He also expressed caution about Scotts Miracle-Gro, emphasizing its dependence on the gardening industry. However, Cramer admitted his mistake in overlooking Autodesk and acknowledged it as a stock worth considering.

via CNBC|
#autodesk#buy-recommendation#chinese-stocks
Marvell Technology Leads Pre-Market Stock Market Movers with AI Growth Driver.
business3 years ago

Marvell Technology Leads Pre-Market Stock Market Movers with AI Growth Driver.

Marvell Technology, Gap, and Workday saw their stocks surge in premarket trading after reporting better-than-expected earnings. Autodesk's first-quarter results were in line with analysts' expectations, but its second-quarter guidance was weaker than expected. Deckers Outdoor exceeded analysts' expectations for its fourth-quarter results, but gave lower-than-expected full-year earnings and revenue guidance. RH beat estimates for its fiscal first quarter, but its second-quarter revenue guidance fell short of expectations and the company warned of increased markdowns. Ulta Beauty posted strong earnings and revenue for the first quarter, but its comparable sales grew slightly less than expected.

via CNBC|
#autodesk#business#gap
AutoCAD and Autodesk Maya now fully support Apple Silicon.
technology3 years ago

AutoCAD and Autodesk Maya now fully support Apple Silicon.

Autodesk has finally updated its professional applications AutoCAD and Maya to run natively on M1 and M2 chips after two years and four months since the first Apple Silicon Mac hit the market. The update adds new features and claims to increase overall performance by up to two times compared to the previous version. Autodesk's efforts to support Apple Silicon have been ongoing for an interminably long time, but it's here now.

via Ars Technica|
#apple-silicon#autocad#autodesk