Press release
Autodesk to Acquire The Wild, Extended Reality (XR) Solutions Provider for Immersive and Collaborative workspaces for Design and Construction
SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) has announced it has signed a definitive agreement to acquire The Wild, a
About this update from Autodesk, Inc.
[{"type":"text","content":"SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) has announced it has signed a definitive agreement to acquire The Wild, a cloud-connected, extended reality (XR) platform, which includes its namesake solutions, The Wild, and IrisVR. The Wild enables architecture, engineering, and construction (AEC) professionals to present, collaborate and review projects together in immersive and interactive experiences, from anywhere and at any time. This acquisition enables Autodesk to meet increasing needs for augmented reality (AR) and virtual reality (VR) technology advancements within the AEC industry and further support AEC customers throughout the project delivery lifecycle.\n\n \n \n\n \nServing more than 700 customers worldwide across its two platforms, The Wild's XR technologies offer affordable, on-demand and in-context opportunities for deeper team collaboration. Its virtual format empowers remote workforces amid a rapidly evolving work landscape and offers an immersive environment for real-time ideation and decision making.\n\"Our acquisition of The Wild reflects the rapid transformation taking place in the building industry, from the complexity of projects to the geographic diversity of teams who design, construct, and operate them,\" said Andrew Anagnost, CEO and president, Autodesk. \"XR is a must-have business imperative for today and an important part of Autodesk's Forge platform vision.\"\nThe Wild's virtual platform allows teams to work together inside digital project models to explore, interact, and make changes to the model directly in the cloud. This leads to better decisions and project outcomes at a fraction of the time and cost for in-person collaboration methods.\n\"The Wild and Autodesk share a common mission of encouraging a more productive and collaborative AEC industry, and in this case, one where teams can resolve issues in minutes from their desks rather than the traditional miles of costly travel,\" said Gabe Paez, founder and CEO of The Wild. \"The Wild's customers understand the value from the get-go, building consensus as a team in the virtual world with the ability to make changes to their designs at the speed of thought.\"\nBlack & Veatch is a global leader in engineering, construction and procurement with more than $3 billion in annual revenue. Black and Veatch's Technology Inn...