Autodesk, Inc. acquired Aether Media, Inc. for approximately $130 million.
May 20, 2024
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Autodesk, Inc. (NasdaqGS:ADSK) acquired Aether Media, Inc. for approximately $130 million on May 20, 2024. The preliminary purchase consideration of approximately $130 million, net of cash acquired.
Autodesk, Inc. (NasdaqGS:ADSK) completed the acquisition of Aether Media, Inc. on May 20, 2024.
Autodesk, Inc. is one of the world's leading producers of digital design and layout software for PC and the Internet. Net sales break down by family of products and services primarily as follows:
- design software programmes (92.8%): construction and civil engineering software (49% of net sales; software for modeling architectural plans, optimizing cartographic data, compiling digital drawings, topographic reliefs, etc.), platform technologies (29.9%; for automating design, management and sharing of documents, etc.), 2D and 3D mechanical design software (21.1%). Moreover, the group offers consulting, assistance, and training services;
- visualization and animation software programmes (5.8%): primarily intended for the media sector;
- other (1.4%).
Net sales break down by activity into subscription sales (92.9%), maintenance services (1.3%) and other (5.8%).
Net sales are distributed geographically as follows: the United States (34.4%), Americas (7.4%), Europe/Middle East/Africa (38.1%) and Asia/Pacific (20.1%).