Autodesk (ADSK) has bought Firehole Composites, a developer of design/analysis software for...

|By:, SA News Editor

Autodesk (ADSK) has bought Firehole Composites, a developer of design/analysis software for composite materials. Autodesk argues Firehole helps address the need for new simulation tech predict/optimize the performance of more complex materials. Earlier today, Jefferies raised its PT to $47 from $45: the firm pointed out penetration rates remain low for building information modeling (BIM) tools, and that Autodesk remains the market's leader. (previous)