Auto desk buys Alias, a privately held developer of three-dimensional graphics technology, for $182 million in cash. Toronto-based Alias posted revenues of $83 million for the year ended June 30. Its customers include car makers BMW and General Motors Corp. and game maker Nintendo. Alias is a leader in the Industrial Design Tool category, and also has offerings in 3D Animation / Entertainment Graphics Tools, where it competes with Autodesk.
Alias was spun out of SGI by Accel-KKR in a deal valued at $57.5 Million (1X revenue; 7X net income).
Well, it is a very bad deal for Adobe, whose 3D strategy is virtually non-existent. As THE leader in Content Production Tools, it is rather strange that Adobe sat in the sidelines, watching Autodesk walk away with Alias, strengthening its already strong 3D story.
There is only one industrial strength 3D technology (with an independent kernel) left in the market now ... think3.
Alias was spun out of SGI by Accel-KKR in a deal valued at $57.5 Million (1X revenue; 7X net income).
Well, it is a very bad deal for Adobe, whose 3D strategy is virtually non-existent. As THE leader in Content Production Tools, it is rather strange that Adobe sat in the sidelines, watching Autodesk walk away with Alias, strengthening its already strong 3D story.
There is only one industrial strength 3D technology (with an independent kernel) left in the market now ... think3.
