Trending Now - Autodesk to Acquire Maintainx for $3.6B, Enhancing Operations Tools
WHO:
Techmeme - Autodesk Inc. is the engineering software maker involved in the acquisition.
PR Newswire - MaintainX is a leading modern maintenance and operations solution company being acquired.
PR Newswire - Andrew Anagnost is the CEO of Autodesk.
PR Newswire - Chris Turlica is the founder and CEO of MaintainX.
PR Newswire - Stephen Hooper is the Senior Vice President of Autodesk Operations Solutions.
WHAT:
Techmeme - Autodesk has agreed to buy MaintainX in an all-cash deal valued at $3.6 billion.
PR Newswire - The acquisition is intended to strengthen Autodesk's ability to connect operations workflows with the broader lifecycle.
PR Newswire - MaintainX expects to achieve over $135 million of annualized recurring revenue (ARR) for calendar year 2026 with growth exceeding 50 percent.
WHERE:
PR Newswire - The announcement was made in San Francisco.
WHEN:
PR Newswire - The transaction is expected to close later this fiscal year.
WHY:
PR Newswire - Autodesk's strategy is to converge design, make, and operate workflows to ensure seamless data and insights flow in a continuous lifecycle.
PR Newswire - Organizations are increasingly looking to connect workflows, real-world performance, and lifecycle data to improve reliability and reduce downtime.
HOW:
PR Newswire - Autodesk intends to fund the transaction with a combination of cash on hand and debt financing.
(UPDATED May 29, 2026 14:01 UTC)
Autodesk has announced its agreement to acquire MaintainX in an all-cash deal valued at $3.6 billion, a move aimed at enhancing its ability to connect operations workflows with the broader lifecycle. The transaction, expected to close later this fiscal year, is part of Autodesk's strategy to integrate design, make, and operate workflows for improved data flow and insights. MaintainX, led by founder and CEO Chris Turlica, anticipates achieving over $135 million in annualized recurring revenue for 2026, with growth projected to exceed 50 percent.