Business

Autodesk set for Delcam purchase

US CAD software manufacturer Autodesk is set to purchase UK-based software solutions provider Delacam in a deal worth £17.5m, according to Reuters.

Rob Fletcher

Consultant Editor

Friday, 08 Nov 2013 09:23 GMT

Autodesk says it will use non-US-based cash to complete the deal

Your text here...Autodesk claims the deal will expand its software offerings in the manufacturing sector.

“Together Autodesk and Delcam will help further the development and implementation of technology for digital manufacturing,” explains Autodesk’s chief executive, Carl Bass.

Delcam’s software is used by a number of UK sign-makers for routing work,

Autodesk is reported to have offered Delcam £0.75 per share. The firm says it will use non-US-based cash for the deal.

Tags: autodesk cad delcam

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