Autodesk to acquire Algor
Autodesk has signed a definitive agreement to acquire Algor, a provider of analysis and simulation software, for approximately $34 million.
US-based Algor makes computer-aided engineering software for product design and development in automotive, aerospace, medical, consumer products, defense, energy and utilities industries.
The acquisition strengthens Autodesk’s solution for digital prototyping with advanced simulation functionality, including multiphysics, mechanical event simulation and fluid flow.
The transaction is expected to close in the fourth quarter of fiscal 2009.
Hazer and EnergyPathways collaboration gains UK Government backing
Hazer Group's UK partner, EnergyPathways, has confirmed recognition by the UK Government...
NSW Government announces space manufacturing in Bradfield
The NSW Government has announced a partnership with Space Machines Company to establish Bradfield...
InfraBuild to increase sustainable steel capacity
InfraBuild has announced it is increasing steelmaking capacity at its Melbourne plant to 1 mtpa...
