Design software maker Autodesk, Inc. (NASDAQ: ADSK) Saturday revealed that it has signed a definitive agreement to acquire Tinkercad, an easy-to-use browser-based 3D design tool.
This transaction is expected to close within the next 30 days and will have no impact on guidance issued on May 16, 2013.
The addition of Tinkercad to Autodesk will help broaden the popular Autodesk 123D family of apps and supports Autodesk's vision to help anybody imagine, design and create anything.
The acquisition will also revive the Tinkercad service and community, despite a previously announced shutdown by its founders and creators.
"We are excited to have reached an agreement with Autodesk that will provide a solid home and bright future for Tinkercad," said Kai Backman, founder of Tinkercad.
Autodesk plans to keep the Tinkercad service available as part of its consumer portfolio. The company also intends to incorporate elements of the Tinkercad technology and user experience into the Autodesk 123D family of products as part of its ongoing effort to make 3D design easier and more accessible to everyone.
"Tinkercad has found a new home at Autodesk," said Backman. "The shutdown plan has been rolled back and effective immediately new users are again able to sign up for the site. Even better, at the request of Autodesk, we have supercharged the free plan. You can now create unlimited designs, all import and export functionality is enabled and ShapeScripts are turned on for free accounts. We have automatically upgraded all existing free accounts to this new powerful plan. This account will be offered for a limited time only so make sure you sign up as soon as possible." Backman continues working on their own project Airstone.
Posted in 3D Software
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