San Francisco, March 31, 2021 — Autodesk, Inc. (NASDAQ: ADSK) has successfully completed its acquisition of Innovyze, Inc., a leading provider of water infrastructure software, for $1 billion, net of cash and subject to working capital and tax adjustments. This strategic move strengthens Autodesk’s position as a top global provider of digital solutions that span from design to operations in the water sector. It also accelerates Autodesk’s digital twin strategy, offering a more sustainable and connected future for the water industry.
The combination of Autodesk and Innovyze brings together complementary technologies and a shared customer base, creating significant value across the water infrastructure ecosystem. The acquisition expands Autodesk’s reach into key markets, enhancing its presence across the entire water infrastructure value chain—from initial design through construction, operation, and maintenance.
A new image showcases the Info360 Insight platform, which unifies water utility data in the cloud using advanced analytics, modeling, and alerting tools. This makes operational insights more accessible, reliable, and actionable for water professionals.
Innovyze serves around 3,000 customers globally, including major public and private utility companies in some of the world's most populous cities across five continents. Its clients include top engineering firms and environmental consultancies, reflecting the broad trust in its innovative solutions.
“Autodesk evaluates every investment based on the value it brings to our company and our customers,†said Andrew Anagnost, CEO and president of Autodesk. “Sustainability is increasingly central to our decision-making, as seen with our recent Spacemaker acquisition. Innovyze is no different. Managing water responsibly is essential to sustaining life, and this acquisition reflects our commitment to making a positive impact on the planet.â€
Innovyze’s software enables more efficient water distribution, sustainable drainage systems, and better asset management. As a leader in digital twin technology for water infrastructure, the acquisition supports Autodesk’s broader digital twin strategy, including the launch of Autodesk Tandem.
Together, these tools empower engineers, utility operators, and water experts to anticipate issues before they escalate and make smarter long-term planning decisions.
Colby Manwaring, CEO of Innovyze, added, “For over 30 years, Innovyze has been dedicated to safely and sustainably managing water from cloud to ocean. Our technologies align perfectly with Autodesk’s vision, accelerating our shared mission to build resilience against climate change and improve quality of life for communities worldwide.â€
To learn more about the acquisition, please refer to the attached PDF.
About Autodesk
Autodesk creates software for people who create. From high-performance cars to skyscrapers, smartphones, and films, millions of users rely on Autodesk’s tools to bring their ideas to life. For more information, visit autodesk.com or follow @autodesk.
*Autodesk and the Autodesk logo are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and affiliates in the U.S. and other countries. All other brand names, product names, or trademarks belong to their respective owners. Autodesk reserves the right to change product and service offerings, specifications, and pricing at any time without notice and is not responsible for typographical or graphical errors in this document.*
**Safe Harbor Statement**
This press release contains forward-looking statements involving risks and uncertainties. These include expectations regarding the integration of Innovyze and the impact of the transaction on Autodesk’s and Innovyze’s products, services, customers, and partners. Actual results may differ due to factors such as integration challenges, costs, market growth, competition, product development success, and other economic conditions. For more details, see Autodesk’s SEC filings. Autodesk disclaims any obligation to update these statements.
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