Autodesk (NASDAQ:ADSK) completed its planned acquisition of Blue Ridge Numerics for $39 million in cash,
The close of the deal is subject to a working capital adjustment.
According to the firm, “the addition of Blue Ridge Numerics’ CFdesign software will enhance the Autodesk solution for Digital Prototyping with powerful thermal and fluid flow simulation capabilities, enabling mechanical and building system engineers to virtually test and predict real-world behavior of designs and eliminate expensive physical prototyping cycles in the lab.”
“Simulation is critical for product or building system designers to be successful and to compete more effectively, ” said Robert “Buzz” Kross, senior vice president, Manufacturing Industry Group at Autodesk. “Autodesk customers can now better understand the impact of fluid flow and heat transfer on their designs before they are built, helping to improve quality and drive profitability.”