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Autodesk to buy VC-backed PlanGrid for $875 mln

Nov 20, 2018 - peHUB

Autodesk Inc has agreed to acquire San Francisco-based PlanGrid, a provider of construction productivity software, for $875 million. The deal is is expected to close during Autodesk’s fourth quarter of fiscal 2019, ending January 31, 2019. PlanGrid’s backers include YCombinator, Sequoia Capital and Tenaya Capital.

PRESS RELEASE

SAN RAFAEL, Calif., Nov. 20, 2018 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) has signed a definitive agreement to acquire PlanGrid, a leading provider...