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Latest Business News

Autodesk to Buy Alias for $182 Million

Tuesday, October 04, 2005 5:43:58 PM

NEW YORK (AP) - Software maker Autodesk Inc. Tuesday said it agreed to buy Alias, a privately held developer of three-dimensional graphics technology, for $182 million in cash.

Toronto-based Alias posted revenuesof $83 million for the year ended June 30. Its customers include car makers BMW and General Motors Corp. and game maker Nintendo, Autodesk's release said.

Autodesk said the acquisition, which is subject to regulatory clearance and other closing conditions, is expected to add to earnings before items.


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