Autodesk, Inc. (NASDAQ: ADSK), entered into an agreement to acquire the PIX business of X2X.
Autodesk’s proposed acquisition of PIX is subject to regulatory approval and the satisfaction of various other closing conditions. Until close, Autodesk and PIX will remain separate companies. Subject to the satisfaction of the foregoing closing conditions, the proposed acquisition is expected to close early in fiscal year 2025.
PIX is a production management solution for secure review and content collaboration between creatives and executives in the media and entertainment industry throughout the production process.
The deal will support Autodesk’s vision to realize the potential of connecting pre- and post-production data for customers through Flow, the Media & Entertainment industry cloud on Autodesk’s Design and Make platform.
FinSMEs
08/02/2024