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Autodesk buys Qontext from Pramati Technologies

October 06, 2012 12:34 am | Updated October 18, 2016 02:11 pm IST - HYDERABAD:

Special Correspondent
(from left) Shanna Tellerman , Product Line Manager, Soren Abilgaard , Senior Director, Autodesk 360 Engineering, Jay Pallur, CEO, Pramati and Rajiv Shivane of Pramati-Autodesk, at a press conference in Hyderabad on Friday. Photo: P.V. Sivakumar

(from left) Shanna Tellerman , Product Line Manager, Soren Abilgaard , Senior Director, Autodesk 360 Engineering, Jay Pallur, CEO, Pramati and Rajiv Shivane of Pramati-Autodesk, at a press conference in Hyderabad on Friday. Photo: P.V. Sivakumar

Qontext, an enterprise social collaboration software technology, has been acquired by U.S.-based Autodesk Inc. from Hyderabad-based Pramati Technologies.

The closure of the transaction, for an undisclosed sum, was announced at a press conference here on Friday by senior executives of Autodesk. The U.S.-based 3D design, engineering and entertainment software services company acquired the technology to leverage its cloud strength, and widen the scope of its 360 cloud-based service by infusing social capabilities from Qontext.

Innovative platform

Soren Abildgaard, Senior Director, Autodesk, said that Qontext’s team of 25 engineers were joining Autodesk. Apart from owning Qontext, Autodesk also wished to use the technical expertise of the Pramati team that developed the innovative platform, he added.

Related Topics

merger, acquisition and takeover

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