other
confidence high
sentiment positive
materiality 0.80
Autodesk to acquire MaintainX for approx $3.6B, strengthening operations platform
Howmet Aerospace Inc.
- Autodesk (ADSK) entered definitive agreement to acquire MaintainX for ~$3.6 billion in all-cash transaction.
- Acquisition intended to strengthen Autodesk Operations Solutions and connect design, make, and operate workflows.
- MaintainX expects to achieve >$135M ARR for calendar 2026 with >50% growth.
- Transaction subject to regulatory reviews and customary closing conditions, expected to close later this fiscal year.
- Funding will combine cash on hand and debt financing.