Autodesk has announced it has signed a definitive agreement to acquire German developer of additive design solutions, netfabb and entered into a partnership with parent company FIT Technology Group.
Autodesk will make a strategic investment in FIT Technology Group, provider of additive manufacturing software and services and will collaborate to increase adoption of technology for industrial additive manufacturing.
“Autodesk has always been impressed by FIT’s track record in creating powerful solutions to meet the challenges of industrial additive manufacturing and together we will accelerate a new future of making things,” explained Samir Hanna, Autodesk vice president and general manager, Consumer & 3D Printing. “We look forward to welcoming the netfabb team to Autodesk and helping designers and manufacturers worldwide take 3D printing beyond prototyping and plastics, to reliably creating production-grade parts at scale.”
More than 80,000 designers, manufacturers, artists, researchers and developers worldwide currently use netfabb solutions as part of their 3D printing process. Autodesk plans to support and expand this community by continuing to develop, sell and support netfabb software as well as integrate netfabb technology into Autodesk’s solutions for product design and additive manufacturing, including Autodesk Fusion 360 the Spark 3D printing platform.
Carl Fruth, CEO, FIT AG, parent company of the FIT Technology Group, commented: “Autodesk shares FIT’s goal of delivering high quality industrial additive manufacturing. We’re looking forward to cooperating with Autodesk – our newest investor– and we are confident that netfabb will continue to thrive and grow as part of Autodesk."
Autodesk plans to use foreign capital for the transaction, which is expected to close in Autodesk’s Q4 FY2016. Terms of the transaction were not disclosed.
Hear from Autodesk and netfabb at the TCT Show + Personalize Conference on 30th September at the NEC, Birmingham. Register for free.
