Autodesk to Acquire iLogic Technology from Logimetrix
Autodesk as signed a definitive agreement to acquire the iLogic software and related technology from Canada-based Logimetrix.
Autodesk, Inc. , a world leader in design innovation technologies, has signed a definitive agreement to acquire the iLogic software and related technology from Canada-based Logimetrix, Inc. iLogic is Logimetrix's desktop rules-based design automation technology. Terms were not disclosed.
The agreement demonstrates Autodesk's commitment to providing a comprehensive Digital Prototyping solution to manufacturers of all sizes, giving them the ability to design, visualize and simulate their designs earlier in the process. The addition of the iLogic technology will strengthen the Autodesk solution for Digital Prototyping by bringing user friendly tools for rules-based design and automation to mainstream manufacturers.
iLogic technology makes it easy for designers and engineers to capture design intent and automate common design tasks by creating "smart parts" that can embed higher levels of design intelligence directly into an Autodesk Inventor digital prototype, all without the need for programming knowledge.
"The acquisition of iLogic technology will extend rules-based design and automation capabilities to the desktop, opening doors to new and enhanced workflows for users that are unrivaled in the manufacturing industry," said Robert "Buzz" Kross, senior vice president of Autodesk Manufacturing Solutions. "Individual engineers and workgroups will have the ability to more easily capture design intent directly into digital prototypes and create digital prototypes through automation without requiring any programming."