AUTODESK ACQUIRES ILLUMINATE LABS
Autodesk plans to develop and sell Illuminate Labs' technology and support Illuminate Labs customers. The company also anticipates that Beast middleware will continue to be licensed as a standalone product. Autodesk looks to incorporate Turtle into future offerings, and discontinue licensing it as a standalone product.
Illuminate Labs’ CEO Magnus Wennerholm says he is excited about the technology development opportunities that Autodesk has to offer. “I believe that this acquisition will benefit both Autodesk and Illuminate Labs customers.
Wennerholm and the Illuminate Labs team are joining Autodesk Media & Entertainment. Terms of the transaction were not disclosed.