Autodesk To Acquire MaintainX For $3.6 Billion

30 May 2026 CW Team

Autodesk has signed a definitive agreement to acquire MaintainX, a maintenance and asset operations software company, in a deal valued at $3.6 billion. The acquisition will be funded through cash on hand and debt financing and is expected to close later this fiscal year.

MaintainX is projected to exceed $135 million in annualised recurring revenue in 2026. Its mobile-first platform helps organisations manage assets, coordinate frontline workflows and track real-world operational data across global operations.

Autodesk said the acquisition will support its broader move into connected operations by bringing operational expertise, contextual data and workflows that strengthen its use of artificial intelligence to connect digital and physical environments.

The deal follows the launch of Autodesk Operations Solutions, which brings together Tandem, FlexSim, Fusion Operations and Factory Design Utilities under one strategy. The platform aims to help customers manage and optimise assets across their lifecycle, from design to real-world operations.

Autodesk also raised its fiscal 2027 outlook, projecting revenue of $8.16 billion to $8.22 billion and adjusted earnings per share of $12.40 to $12.65. The company reported first-quarter revenue of $1.93 billion, ahead of analyst expectations."

Products

19 Jun 2026

REHAU Opens Interior Solutions Experience Centre in Gurgaon

REHAU Kitchen has partnered with Third Space Collective to launch a new experience centre in Gurgaon, strengthening its presence in India's growing premium interiors market.Spread across 3,400 sq. ft., the facility showcases a range of interior applications including kitchens, wardrobes, TV units, bar units and storage solutions, offering homeowners, architects and interior designers an opportunity to explore engineered interior products and material innovations under one roof.The collaboration is aimed at making advanced interior solutions more accessible while addressing growing consumer dem..

Sky City Mall Marks Father's Day with Digital Film

Sky City Mall, Oberoi Realty's newest retail destination, has launched a Father's Day digital film that celebrates the bond between fathers and their children while highlighting the evolving role of malls as experience-led destinations.The campaign reflects the growing importance of retail destinations as spaces where shopping, dining, entertainment and social interactions come together to create memorable experiences for families. Through the film, Sky City Mall positions itself as a venue for meaningful moments and celebrations beyond traditional retail activity.The narrative follows a fathe..

YKK India to Set Up Manufacturing Facility at Origins Chennai

Mahindra Industrial Park Chennai Limited (MIPCL), a joint venture between Mahindra World City Developers and Sumitomo Corporation of Japan, has announced that YKK India will establish a new manufacturing facility at Origins by Mahindra, Chennai.According to YKK India, the proposed facility will be its third manufacturing plant in the country and will span approximately 149,936 sq. m. The company plans to invest US$150 million in the project, which is expected to be completed by February 2028.YKK India, a manufacturer of fastening products serving the apparel, textile and industrial sectors, wi..