By Brian Roepke, Autodesk Senior Director of PLM and IoT
Autodesk customers are seeing greater demand for more personalized and tailored products, and they need the ability to design and manufacture with much greater customization in order to grow and remain competitive in their industries. To help meet this demand, Autodesk recently acquired Configure One, a Chicago-based provider of Configure, Price, and Quote (CPQ) software. Terms of the transaction were not disclosed. The addition of Configure One to our portfolio will provide enterprise-level CPQ capabilities for companies that develop, sell and manufacture configured products.
Configure One enables companies of all sizes to increase revenues and decrease cost by automating the way they sell and process orders for configurable, multi-option, and customizable products. More than 200 companies across the industrial machinery, industrial components, building products and specialty vehicle industries are currently using the Configure One solution. The existing Configure One team will continue to sell and support the product as we complete the integration of Configure One into Autodesk.
We are very excited to welcome the Configure One team to Autodesk, and they will play an important role in delivering innovative solutions that help support our current and future customers. We’re committed to ensuring that Autodesk and Configure One customers continue to receive the high level of service and support they are accustomed to, and we look forward to realizing the benefits from integrating our technologies.
This transaction is expected to have no impact on Autodesk’s guidance issued on August 27, 2015.
Safe Harbor Statement
This blog contains forward-looking statements that involve risks and uncertainties, including statements regarding: the impact of the acquisition on Autodesk's guidance issued on August 27, 2015, our business performance, and product and services offerings; the impact of the transaction on Autodesk's and Configure One’s products and services capabilities, customers, and partners. Factors that could cause actual results to differ materially include the following: difficulties encountered in integrating merged businesses; costs related to the acquisition; whether certain markets grow as anticipated; the competitive environment in the manufacturing industry and competitive responses to the acquisition; Autodesk and Configure One’s success developing new products or modifying existing products and the degree to which these gain market acceptance; general market and business conditions; and unanticipated impact of accounting for acquisitions. Further information on potential factors that could affect the financial results of Autodesk are included in the company's annual report on Form 10-K for the year ended January 31, 2015, and Form 10-Q for the quarter ended July 31, 2015, which are on file with the Securities and Exchange Commission. Autodesk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.