Thursday, February 25, 2021

Autodesk says it will acquire Innovyze, which makes a SaaS product for the design, construction, operation, and maintenance of water infrastructure, for $1B (Natalie Gagliordi/ZDNet)

Natalie Gagliordi / ZDNet:
Autodesk says it will acquire Innovyze, which makes a SaaS product for the design, construction, operation, and maintenance of water infrastructure, for $1B  —  The acquisition is the largest in Autodesk's history and is meant to position Autodesk as a provider of end-to-end software for the operations of water infrastructure.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...