Autodesk Terminates Acquisition Discussions with Altium

SAN FRANCISCO, July 20, 2021 — (PRNewswire) —  Autodesk, Inc. (NASDAQ: ADSK) today announced that it has terminated discussions to acquire Altium Limited (ASX: ALU).

"Autodesk has a long track record of disciplined strategic acquisitions," said Andrew Anagnost, CEO of Autodesk. "While we did verbally improve our initial proposal, we were unable to agree on the basis to advance discussions. We respect the leadership team at Altium and wish them the best with their business."

About Autodesk
Autodesk makes software for people who make things. If you've ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you've experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information visit autodesk.com or follow @autodesk.

 

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SOURCE Autodesk, Inc.

Contact:
Company Name: Autodesk, Inc., Altium
Media: Citadel-Magnus, Brett Clegg
Email Contact or James Strong
Email Contact Sard Verbinnen & Co, John Christiansen / Yin Ai / Reze Wong
Email Contact Autodesk, Stacy Doyle
Email Contact Investors: Simon Mays-Smith
Email Contact
Web: www.autodesk.com
Financial data for Autodesk, Inc., Altium

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