Autodesk acquires Blue Ridge Numerics’ CFdesign technology

Software developer Autodesk has signed a definitive agreement to acquire Blue Ridge Numerics, a provider of simulation software based in Virginia, US, for approximately $39m (£24m) in cash.

The transaction is subject to customary closing conditions and expected to close in Autodesk’s first quarter of fiscal 2012, ending 30 April 2011.

Blue Ridge Numerics’ CFdesign technology will be an important addition to the Autodesk simulation software portfolio for manufacturers, which currently includes Autodesk Inventor, Autodesk Algor Simulation and Autodesk Moldflow.

Upon completion of the acquisition, Autodesk’s intent is to integrate Blue Ridge Numerics into its Manufacturing Industry group and to continue developing and selling Blue Ridge Numerics CFdesign products, supporting Blue Ridge Numerics customers and integrating them into the Autodesk Manufacturing community.