Autodesk Adds 3D Graphics

Autodesk (ADSK) has signed a definitive agreement to acquire Alias, a privately held developer of 3D graphics technology, for $182 million in cash.

Autodesk, a maker of technical design software, including the popular AutoCAD, said the acquisition will bolster its offerings for the design of consumer, media and automotive products.

Announced after the bell Tuesday, the deal is expected to close in the next four to six months.

Alias' revenue was $83 million in the fiscal year ended June 30, 2005.

In after-hours trading, shares were recently up 3 cents to $46.50 on Instinet, having closed the regular session down 27 cents to $46.47.

More from Technology

3 Software Stocks Now Available at a Discount

3 Software Stocks Now Available at a Discount

Monday Madness: Nike Just Does It

Monday Madness: Nike Just Does It

Amazon Could Become the Next Big Player in Autonomous Driving

Amazon Could Become the Next Big Player in Autonomous Driving

Salesforce Announces Alliance with Apple Just Ahead of Dreamforce Conference

Salesforce Announces Alliance with Apple Just Ahead of Dreamforce Conference

Here's Why Tesla's In-House Body Shops Are a Big Deal

Here's Why Tesla's In-House Body Shops Are a Big Deal