AUTODESK ACQUIRES VISION* SOLUTIONS
Will Provide First Integrated Desktop-to-Enterprise
Solution in AM/FM/GIS
Industry
San Rafael, CA, April 22, 1999-Autodesk,
Inc. (Nasdaq: ADSK) today announced
that it has acquired VISION* Solutions,
a leading-edge vendor of enterprise
automated mapping/facilities management/geographic
information systems
(AM/FM/GIS) solutions based in Canada
from MCI Systemhouse Corp., MCI
WorldCom's global information technology
company, for $26 million. The
transaction will be accounted for
as a purchase. Autodesk will integrate
the VISION* offerings with its leading
desktop tools to offer the most
scalable, reliable and proven desktop-to-enterprise
AM/FM/GIS solution in
the industry.
VISION* Solutions makes and markets
enterprise solutions to large
communications, utilities, and local
government organizations. Its
worldwide customers include US West
and FirstEnergy in North America, Thames
Water and Yorkshire Electric in the
U.K., and Telstra in Australia.
The combined Autodesk/VISION* enterprise
solutions, scalable up to thousands
of concurrent users, will enable
organizations to create, store, maintain
and use information about their physical
assets and infrastructure
enterprise-wide. By enabling the
full integration of AM/FM/GIS information
with other business data, the customer
gains two unique benefits. First,
key decision-makers will gain a clear
window into every aspect of
mission-critical business operations
involving physical assets, facilities
and activities across the organization.
Secondly, this information can now
be delivered at every level from
the executive suite to the shop floor and
accessed by every department within
an organization. Dataquest, a leading
industry analyst firm based in San
Jose, California, recently projected the
worldwide core software and software-related
services segment of this market
will reach approximately $2.5 billion
by 2001.
"Our large telecommunications and
utility customers have told us that
existing AM/FM/GIS vendors aren't
addressing one of their greatest
priorities: integrating their spatial
data into their enterprise," said
Carol Bartz, Autodesk chief executive
officer. "Now, Autodesk will take our
GIS customers to the next level by
providing the industry's only complete,
end-to-end solution. This acquisition
is further evidence of our overall
commitment to providing the design
information backbone to the enterprise."
"Autodesk's acquisition of VISION*
Solutions has the potential to move
Autodesk into a wide range of mission-critical
business applications,"
commented Dave Sonnen, senior consultant
with International Data Corporation
(IDC), a leading industry analyst
firm based in Framingham, Massachusetts.
"IDC sees strong demand for enterprise
applications that support broad
business processes, and this acquisition
positions Autodesk to participate
in that market. If Autodesk executes
their business plan successfully, they
have an excellent chance at taking
the leading position in the AM/FM market.
We expect Autodesk, over time, to
expand from AM/FM to broad spatial
applications support for enterprise
information systems."
Autodesk and its authorized
business partners will continue to develop,
sell and support VISION*'s enterprise
server and its vertical applications
for the communications, utilities
and local government markets on a
worldwide basis. Autodesk will leverage
the expertise of both organizations
to increase the company's value to
its customers and partners through
marketing, sales, channel management
and developer programs. In
particular, Autodesk will optimize
the interfaces between appropriate
Autodesk and VISION* products, productize
appropriate VISION* components to
reduce customization costs and improve
the customer value proposition, and
develop new products and product
extensions to further increase the total
enterprise solutions Autodesk offers
to customers and partners.
"We've known we were on the right
track because our customers have made us
the fastest growing AM/FM/GIS software
vendor for each of the past three
years," says Joe Astroth, Ph.D.,
Autodesk vice president, GIS. "But our
customers continually asked us for
a fully scalable enterprise-wide
integrated solution based on open
standards. Now we have it for them. With
this acquisition, we'll be able to
provide our customers with a complete
range of AM/FM/GIS tools and solutions.
From data creation and visualization
at the desktop to large, scalable,
secure online transaction processing to
the distribution of mission-critical
information throughout the organization
over the enterprise intranet, Autodesk
will be bringing to market the
industry's only proven, IT-integrated,
open solutions."
Any forward looking statements
in this release are necessarily subject to
uncertainties based on various factors,
including Autodesk's ability to
successfully integrate the operations
of VISION* Solutions, to successfully
integrate the technology of VISION*
Solutions with Autodesk's desktop tools,
to develop and market the integrated
products in a timely manner, as well as
the market acceptance of the integrated
products. Further information on
potential factors which could affect
the financial results of Autodesk are
included in the Company's amended
Form 10Q for the fiscal quarter ended
October 31, 1998.
About VISION* Solutions
VISION* Solutions, based in Ottawa,
Ontario, develops and deploys complex
AM/FM/GIS solutions into large enterprises
in the communications and
utilities industries and local governments.
It offers the market-leading
Oracle-based AM/FM/GIS product for
enterprise deployments. The company also
develops vertical market applications
and provides consulting services to
clients and partners worldwide.
VISION* Solutions has approximately 100
large customers deploying nearly
20,000 enterprise seats.
About MCI Systemhouse
MCI Systemhouse, The Network Enterprise
Company (sm), is MCI WorldCom's
global information technology services
company. MCI Systemhouse is one of
the industry's only single-source
providers of convergence products and
services that leverage the combined
telecommunications expertise of MCI
WorldCom and the computer expertise
of MCI Systemhouse to enable businesses'
total networking, communications
and consulting needs. The company has 120
offices and approximately 9,400 employees
worldwide.
With a comprehensive suite of network
enabled IT solutions and services for
the new millennium, MCI Systemhouse
serves major corporate, mid-sized and
public sector clients throughout
North and South America, Europe and Asia.
As part of a major global transaction
recently announced between MCI
WorldCom and EDS, MCI Systemhouse
is scheduled to be acquired by EDS, a
leader in the global information
services industry for more than 35 years.
The acquisition agreement is expected
to close during the second quarter of
1999.
About GIS at Autodesk
Autodesk is a leading provider of
engineering design and mapping software
with an installed base exceeding
4 million users, including more than
300,000 AM/FM/GIS users worldwide.
Autodesk provides the most popular tool
for data creation, AutoCAD Map; the
most powerful Windows-based AM/FM/GIS
data integration and analysis tool,
Autodesk World; and the fastest-growing
web-based data distribution and viewing
tool, Autodesk MapGuide, with more
than 500 enterprise-level implementations
worldwide. Equally important to
Autodesk's success in the AM/FM/GIS
marketplace has been its unparalleled
worldwide partner network.
For more information, visit
www.autodesk.com/gis.
About Autodesk
Autodesk is the world's leading supplier
of PC design software and digital
content creation. The fourth largest
PC software company in the world,
Autodesk has more than four million
customers in more than 150 countries.
For more information, contact any
Authorized Autodesk Reseller, call
Autodesk at 800-964-6432, or visit
www.autodesk.com. Discreet product
information is available at 800-869-3504
or via the web at www.discreet.com.
Autodesk shares are traded on the
Nasdaq national market under the symbol
ADSK.
# # #
Autodesk, the Autodesk logo, AutoCAD,
AutoCAD Map, Autodesk World and
Autodesk MapGuide are registered
trademarks, and Discreet is a trademark, of
Autodesk, Inc., in the United States
and/or other countries. All other brand
names, product names, or trademarks
belong to their respective holders.
More info can be found at the Autodesk
website at
http://www2.autodesk.com/compinfo/pressrm/pressrel/1,1118,532,00.html
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