Vela Systems acquired by Autodesk
Autodesk, Inc. (NASDAQ: ADSK), a leader in 3D design, engineering and entertainment software, announced the acquisition of Vela Systems, a provider of cloud and mobile field management software for the construction industry. The addition of Vela Systems field management products to Autodesk's growing portfolio of cloud and mobile products is helping to extend the value of Building Information Modeling (BIM) and project data to construction customers in the field. Terms of the transaction were not disclosed.