SAN FRANCISCO, February 24, 2021 — Autodesk, Inc. (NASDAQ: ADSK) has officially announced its intent to acquire Innovyze, a leading provider of water infrastructure software based in Portland, Oregon, for $1 billion, net of cash, subject to working capital and tax adjustments. This strategic move reinforces Autodesk’s position as a key player in the digital transformation of the water industry, offering comprehensive solutions from design to operations. It also accelerates the company’s digital twin strategy and supports a more sustainable and technologically advanced future for global water systems.
Autodesk has successfully acquired Innovyze. Find out more about this milestone here.
Innovyze specializes in modeling, simulation, and predictive analytics that help create more efficient and sustainable water distribution networks, collection systems, treatment plants, and flood protection infrastructure. Their tools provide a centralized view of infrastructure assets, enabling better management of both capital and operational costs. By integrating Innovyze’s technology with Autodesk’s design and analysis platforms—such as Civil 3D, InfraWorks, and the Autodesk Construction Cloud—engineers, utilities, and water experts can make smarter decisions and improve long-term planning.
For over three decades, Innovyze has been at the forefront of innovation in water management, serving approximately 3,000 clients worldwide. These include major utility companies in some of the world's most populated cities, top engineering firms listed by ENR, and leading environmental consultancies across five continents.
Today, over two billion people still lack access to clean drinking water, and by 2025, more than two-thirds of the global population will live in areas facing water scarcity. This growing challenge underscores the importance of investing in modern, intelligent water infrastructure.
“We can’t build a sustainable future without better managing our water resources,†said Andrew Anagnost, President and CEO of Autodesk. “With an estimated $1.9 trillion needed to address global water infrastructure needs by 2030, we believe this acquisition is a crucial step toward creating a more resilient and digitally driven water industry.â€
Amy Bunszel, Executive Vice President of AEC Design Solutions at Autodesk, added, “Every year, nearly nine trillion gallons of water are lost due to leaks and pipe failures. Without visibility into these issues, we can’t solve them. Innovyze’s tools offer the insights necessary to detect and prevent such problems before they escalate.â€
Colby Manwaring, CEO of Innovyze, shared, “For 35 years, Innovyze has quietly played a vital role in daily life around the globe, ensuring clean water, managing sewage, and protecting communities from flooding. With Autodesk’s deep design expertise, we’re excited to combine our strengths and work together to shape a more sustainable future.â€
More details about the acquisition can be found in the accompanying PDF.
The deal is expected to close during Autodesk’s first quarter of Fiscal Year 2022, which ends on April 30, 2021, pending customary closing conditions.
About Autodesk
Autodesk creates software that empowers people to bring their ideas to life. From high-performance cars to skyscrapers, smartphones, and blockbuster films, millions of users rely on Autodesk’s tools to design and build the world around them. Discover more at autodesk.com or follow @autodesk on social media.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. These statements relate to the planned acquisition of Innovyze, the timing of the transaction, the impact on Autodesk’s business performance, product capabilities, customer base, and strategic priorities. Actual results may differ due to various factors, including integration challenges, market conditions, competition, and other risks outlined in Autodesk’s SEC filings.
For more information, please refer to Autodesk’s Form 10-K and subsequent 10-Q reports filed with the U.S. Securities and Exchange Commission. Autodesk does not undertake any obligation to update these forward-looking statements.
Autodesk, the Autodesk logo, Civil 3D, and InfraWorks are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and affiliates in the U.S. and/or other countries. All other brand names, product names, or trademarks are the property of their respective owners. Autodesk reserves the right to modify products and services at any time.
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Specification
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Tunable Diode Laser |
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| Tunable Wavelength Band | Model | Output Power | Specifical |
| 403~407 nm | TUN- 403~407 | 1~30 mW | <0.1 nm |
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| 634~643 nm | TUN- 634~643 | 1~10 mW | <0.1 nm |
| 652~658 nm | TUN- 652~658 | 1~10 mW | <0.1 nm |
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Tunable Ti : Sapphire Laser |
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| Tunable Wavelength Band | Model | Output Power | Specifical |
| 390~408 nm | TUN-TiA-393~408 | 1~1000 mW | <2 nm |
| 770~840 nm | TUN-TiN-770~840 | 1~400 mW | <40 pm |
| 770~840 nm | TUN-Ti-770~840 | 1~1000 mW | <2 nm |
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Tunable Infired Laser |
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| Tunable Wavelength Band | Model | Output Power | Specifical |
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1400~1800 nm |
TUN-W-1400~1800 | 1~2000 mW | <2 nm |
| 2600~4450 nm | TUN-W-2600~4450 | 1~1000 mW | <2 nm |
Testing data
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Pulse width 34 ns testing at 10kHz
Ti: Sapphire Laser |
Power stability < 3% Ti: Sapphire Laser |
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