CEO Carol Bartz finally does it: Autodesk breaks the $1 billion mark for the first time. During 2004, its revenues increased by 30% to reach $1.234 billion.
Autodesk's recent agreement to cooperate over certain file formats with UGS fuels speculation that the publically-held Autodesk might acquire the privately-held UGS. Here is some of the rationale from readers and me:
Autodesk stock is near its all-time high and overvalued -- a good time to use the high value on a spending spree.
Autodesk has a half-billion (or so) of cash sitting in the bank.
Autodesk has no software at the high-end; UGS has high-end CAD and PLM software.
UGS's private equity investors want to cash out.
UGS gives Autodesk to some of the largest accounts in the world, like General Motors.
Solid Edge has surfacing and industrial design features that Inventor could use.
Together, Autodesk UGS would leap-frog Dassault by becoming the largest, no-questions-asked, CAD company in the world.
Price tag? Between $2 and $4.5 billion. In the meantime, cooperating on file formats could be a test case to see how well the two corporations work together.