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Autodesk $ADSK -6.05% agreed to acquire MaintainX, a maintenance and operations software company, in an all-cash deal valued at approximately $3.6 billion, the company said Wednesday.
The deal is the largest acquisition in Autodesk's history, according to SiliconAngle. Its software helps factory and facility teams track work orders, inspection records, asset data, and day-to-day maintenance activity. The San Francisco-based company expects to generate more than $135 million in annualized recurring revenue in 2026, with growth above 50%, the company said.
Autodesk plans to fund the transaction with roughly $1.6 billion in cash and borrow the remainder, according to Bloomberg. The deal is subject to regulatory review and is expected to close before the end of Autodesk's current fiscal year, which ends in Jan. 2027.
MaintainX will be brought into a new Autodesk division — Autodesk Operations Solutions — joining existing offerings such as Fusion Operations, the Tandem digital twin platform, and the simulation tool Flexsim, the company said.
