Autodesk Inc, the US-based design software maker on Wednesday said it is acquiring a construction software provider co-founded by Indian entrepreneurs Sunil Dorairajan and Karuna Ammireddy. Pype provides cloud-based solutions for automating construction project management workflows. Autodesk did not reveal the financial details of the deal.
The acquisition will empower general contractors, subcontractors and owners to gain more value from Autodesk Construction Cloud. This includes automation of critical construction workflows such as submittals and close-outs to increase productivity and mitigate project risk.
“I could not be more optimistic about the future of the building industry,” said Andrew Anagnost, CEO of