Autodesk Announces Intent to Acquire Scaleform Corporation for $36M

Autodesk, Inc. ADSK announced today it intends to acquire Scaleform Corporation, a privately held user interface tools and middleware company, for approximately $36 million in cash. Scaleform's technology has been licensed in the development of at least 800 games across major hardware platforms: PCs, Microsoft Xbox 360, Sony Playstation 3 (PS3), Sony Playstation Portable (PSP), and Nintendo Wii. The transaction is subject to customary closing conditions and expected to close in Autodesk's first quarter of fiscal 2012 (which ends on April 30, 2011).