Autodesk, Inc. (NASDAQ: ADSK), the global leader in design and make software, has entered into a definitive agreement to acquire MaintainX, a leading maintenance and operations solution. The all-cash transaction is valued at ~$3.6 billion. The proposed acquisition strengthens Autodesk's ability to connect real-world data and AI-powered insights across design, make, and operate workflows, and supports the company's broader strategy to deliver a unified platform for the full asset lifecycle.
MaintainX is used by organizations around the world to manage maintenance activity, asset information, inspections, work orders, and operational workflows. The platform is designed to capture valuable, high-frequency data on asset condition, maintenance history, and performance in the field, and offers pre-built integrations and a scalable go-to-market motion that provides strong expansion potential across customer segments, geographies, and adjacent use cases. MaintainX expects to achieve in excess of $135 million of annualized recurring revenue (ARR) for 2026, with growth in excess of 50 percent.
With this acquisition, Autodesk is expanding its newly formed Autodesk Operations Solutions (AOS) business, which brings together the company's growing operations capabilities, including Tandem, Flexsim, Fusion Operations, and Factory Design Utilities, on a unified platform spanning digital twin, planning and execution, and performance analysis. Autodesk believes expanding further into operations will unlock higher-value system-level AI, extend its duration with assets and systems from years to decades, and meaningfully expand its addressable market. Speaking about the impact of the acquisition, Andrew Anagnost, CEO of Autodesk, stated:
"Autodesk is expanding beyond design and make to operations, ensuring data and insights flow seamlessly in a continuous lifecycle. For decades, we've helped customers create the world around us, giving Autodesk a strong foundation of industry workflows, data, and context across the AEC and D&M industries. Our goal with MaintainX is to bring deep operational expertise, contextual data, and workflows that enhance our ability to use AI to converge digital and physical worlds."
The transaction represents a strategic milestone for Autodesk's long-term commitment to helping customers create a continuous, data-driven loop from designing and deploying assets and resources, to running and maintaining them, all the way through to optimizing their performance. Reflecting on the deal, Stephen Hooper, SVP of Autodesk Operations Solutions, remarked, "Operations is where organizations manage the systems, assets, facilities, and workflows that keep their businesses running every day. Autodesk is enabling customers to move from managing operations to continuously improving them, deriving more value from their data, and positioning them for the coming wave of AI-driven workflows. MaintainX brings deep expertise in maintenance and frontline operational workflows that complements this broader strategy."
Chris Turlica, founder and CEO of MaintainX, also commented on the new chapter for the business:
"MaintainX was built to empower the people who keep the physical world running. Joining forces with Autodesk is an incredible opportunity to accelerate that mission. Together, we can connect the teams who design and build assets with the teams who operate and maintain them every day, and help customers work smarter across the entire lifecycle of their assets."
Autodesk intends to fund the transaction with a combination of cash on hand and debt financing. The transaction is subject to regulatory reviews and other customary closing conditions, and is expected to close later this fiscal year.
Autodesk is the global leader in design and make software, trusted by designers, engineers, builders, and creators worldwide. The company's Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering customers across the architecture, engineering, construction, product design, and manufacturing industries.
The acquisition of MaintainX underscores Autodesk's commitment to strategic growth and its efforts to strengthen its position as a unified platform spanning design, make, and operate workflows for customers around the world.
