Autodesk agreed to acquire MaintenanceX, an operations and maintenance software company, in an all-cash deal valued at approximately $3.6 billion, the company said Wednesday. The deal is the largest acquisition in Autodesk’s history, according to SiliconAngle. Its software helps factory and facility teams track work orders, inspection records, asset data, and daily maintenance activity. The…
Globant SA (NYSE:GLOB) is one of The Most Undervalued Small Cap Stocks to Buy Right Now. Globant SA (NYSE:GLOB) announced on April 13 its appointment as an Autodesk tandem digital twin solutions provider, expanding its 15-year collaboration with Autodesk to accelerate the deployment of digital twins in airports, manufacturing facilities, smart buildings and logistics environments…
Design software maker Autodesk (ADSK) is back in the spotlight, having launched a restructuring plan that will eliminate roughly 1,000 positions, or about 7% of its workforce, as management reallocates spending toward cloud platforms and artificial intelligence (AI). The reductions will largely impact customer support sales teams, aligning with Autodesk’s evolving operating model. Investors responded…
