Autodesk (NASDAQ: ADSK), headquartered in San Rafael, has completed the acquisition of Toronto-headquartered Alias for cash consideration of $197 million. The deal was completed Jan. 10, less than two years after Accel-KKR, the Ontario Teachers’ Pension Plan and Alias management, acquired Alias from prior owner SGI for $57.5 million in June ’04.
Last October, Autodesk announced an agreement to acquire Alias, prompting much analysis of the potential impact on the visual effects market. Autodesk’s Media and Entertainment division (formerly named Discreet) markets 2D products such as Discreet Flame and Discreet Inferno, as well as 3D product 3ds max. Meanwhile Toronto-headquartered Alias is the developer of Maya 3D software.
According to Autodesk, plans call for Alias’ products, technology and services to be integrated with Autodesk’s Manufacturing Solutions and Media & Entertainment divisions and Autodesk’s Consulting organization.
Since the intended acquisition was announced, industry watchers questioned the future of Alias’ Maya and Autodesk’s 3ds max, which have overlap in the 3D market.
Autodesk said in a released statement on the day of the acquisition that it plans to continue the development and support of Alias products and services.
It further stated that the combined company’s research and development priority is to link Autodesk’s and Alias’ existing products, delivering increased interoperability and improved data management. In the media and entertainment industry, many customers already use products from both Autodesk and Alias. As such, they would benefit from a streamlined workflow for digital film, broadcast and game projects, the company said.
There were limited staffing details available at press time. However, it was announced that Dave Wharry, formerly Alias VP of global sales and marketing, is now VP of sales for Autodesk’s Media & Entertainment Division. Michel Besner, formerly Alias VP of business development, emerging markets, is now leading product management for Autodesk’s Media & Entertainment division 3D products. Alias’ former global headquarters in Toronto is to serve as a key development center for Autodesk.