Autodesk Terminates Acquisition Discussions with Altium
SAN FRANCISCO, July 20, 2021 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today announced that it has terminated discussions to acquire Altium Limited (ASX: ALU).
- SAN FRANCISCO, July 20, 2021 /PRNewswire/ --Autodesk, Inc. (NASDAQ: ADSK) today announced that it has terminated discussions to acquire Altium Limited (ASX: ALU).
- "Autodesk has a long track record of disciplined strategic acquisitions," said Andrew Anagnost, CEO of Autodesk.
- "While we did verbally improve our initial proposal, we were unable to agree on the basis to advance discussions.
- We respect the leadership team at Altium and wish them the best with their business."