Laramie based software and composite company, Firehole Composites, has recently been acquired by Autodesk, a Californian Fortune 350 company.
The once small company will now join forces with a 7,000 person firm, expanding to create more energy efficient products.
Autodesk plans to continue selling current Firehole Composite products, such as Helius:MCT and Helius:CompositePro. However, in order to integrate Autodesk solutions with the Firehole products, a focus on technology enhancement will be put forth.
“We intend to continue to enhance and support the Firehole Helius products and to make them available for purchase. Autodesk will invest in integrating Autodesk technologies into the Helius products where appropriate,” Stacy Doyle, Public Relations Manager, said.
Before changing its name to Firehole Composites in 2010, the company launched as Firehole Technologies in 2000. Today, its products are used all around the world. Obtainment from Autodesk, however, will create changes on a whole new level.
“This is not a partnership. Autodesk acquired Firehole Technologies,” Doyle said. “Through the acquisition, Autodesk will expand its expertise and technology to help its customers work with the next generation of lighter, stronger, safer and more energy efficient materials.”
According to its website, Firehole’s mission is to deliver tools and services that enable widespread application of composite materials leading to lighter, stronger, safer and more fuel efficient structures.
Autodesk, Inc. is not only a leader in 3D design, but also in engineering and entertainment software. The company’s programs are utilized by architects, manufacturers and big time video editors. The last 17 Academy Award winners for Best Visual Effects used Autodesk software to visualize their ideas.
The multi-million dollar company also branches out to the more casual amateur creators, offering design technology applications for Apple and Android products.
The Firehole team of approximately 15 people will continue to be based Laramie as part of the Design, Lifecycle and Simulation (DLS) product organization. According to Doyle, terms of the transaction were not disclosed.