Autodesk has signed a definitive agreement to acquire netfabb a developer of software solutions for industrial additive design and manufacturing. Autodesk will also make a strategic investment in FIT Technology Group, the parent company of netfabb and provider of additive manufacturing software and services. The two companies will collaborate to increase adoption of technology for industrial additive manufacturing. Autodesk plans to use foreign capital for the transaction, which is expected to close in Autodesk's Q4 FY2016. Terms of the transaction were not disclosed. "Autodesk shares FIT's goal of delivering high quality industrial additive manufacturing. We're looking forward to cooperating with Autodesk - our newest investor- and we are confident that netfabb will continue to thrive and grow as part of Autodesk,” said Carl Fruth, CEO, FIT AG, parent company of the FIT Technology Group.

More Information: autodesk.com/akquisition