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**San Francisco – March 24, 2022 –** Autodesk, Inc. (NASDAQ: ADSK) has officially announced its intention to acquire **The Wild**, a cutting-edge cloud-based extended reality (XR) platform known for its innovative tools like **The Wild** and **IrisVR**. These tools are designed to enable architects, engineers, and construction professionals to collaborate and review projects in an immersive, interactive environment—anytime and anywhere. This acquisition underscores Autodesk's commitment to advancing augmented reality (AR) and virtual reality (VR) within the Architecture, Engineering, and Construction (AEC) industry, providing enhanced support for customers throughout the entire project lifecycle.
With over 700 customers globally, **The Wild**'s XR technologies offer affordable, on-demand solutions that foster deeper collaboration among teams. Their virtual platform empowers remote workforces by creating an immersive environment conducive to real-time brainstorming and decision-making. Teams can seamlessly work together inside digital project models, exploring, interacting, and making changes directly in the cloud—a process that dramatically reduces the time and cost typically associated with in-person collaboration while delivering superior project outcomes.
Andrew Anagnost, CEO and President of Autodesk, expressed his excitement about the acquisition: "Our acquisition of **The Wild** reflects the rapid transformation happening in the building industry, from increasingly complex projects to geographically diverse teams. XR is not just a trend—it's a necessity for today's businesses. It aligns perfectly with our vision for the **Forge platform**, pushing boundaries in how we approach digital design and construction."
Gabe Paez, founder and CEO of **The Wild**, echoed this sentiment: "We share a common mission with Autodesk—to drive productivity and collaboration within the AEC sector. By enabling teams to resolve issues from their desks instead of enduring costly travel, we're reshaping how professionals approach their work. Our customers quickly recognize the value of this approach, fostering consensus in the virtual world while accelerating design iterations."
Black & Veatch, a global leader in engineering, construction, and procurement, has already seen the benefits of integrating **The Wild** and **IrisVR** into their workflows. Brian Melton, Technology Innovation Lead at Black & Veatch, noted: "As remote collaboration becomes standard practice across industries, tools like **Autodesk Construction Cloud** and **IrisVR** are essential for delivering high-quality projects, regardless of where our team members are located. These immersive experiences allow us to virtually immerse ourselves in the project design, facilitating discussions, reviews, and coordination that lead to better decisions and improved safety measures."
So why is XR so crucial now? Nic Fonta, General Manager of XR at Autodesk, explained: "Several factors have converged to make this the ideal moment for Autodesk to acquire **The Wild**. Accessibility and affordability of XR devices, coupled with the rise of digital twins and the metaverse, provide the perfect environment for advancing XR technology in AEC." Key drivers behind this shift include:
- **Resilience:** The demand for workforce resilience and remote collaboration surged during the pandemic. XR solutions ensure teams stay connected despite physical distancing and travel restrictions.
- **Affordability:** Once prohibitively expensive, VR and AR equipment is now accessible to most professionals, thanks to affordable headsets and smartphone-based AR apps.
- **Sustainability:** In-person collaboration often involves costly travel and environmental harm. XR offers a sustainable alternative by streamlining communication and reducing resource waste.
**The Wild** and **IrisVR** draw data from various AEC technologies to create collaborative XR experiences tailored for design review and model coordination. Their existing integrations span **Autodesk Construction Cloud** (including **BIM 360** and **Autodesk Build**), **Revit**, **Navisworks**, and third-party tools like **Rhinoceros** and **Trimble SketchUp**. For more details on these integrations, visit [The Wild](#) and [IrisVR](#).
Autodesk remains committed to transforming how the world is designed and built, empowering innovators to tackle challenges both large and small. Whether it’s designing greener buildings, smarter products, or blockbuster films, Autodesk's suite of tools fosters creativity and efficiency.
For media inquiries, contact:
- Brian Farber
- Stacy Doyle
For investor relations, reach out to:
- Simon Mays-Smith
This press release contains forward-looking statements regarding the proposed acquisition of **The Wild** by Autodesk. While these projections are based on current expectations, they are subject to risks and uncertainties, including the successful integration of **The Wild**, competitive dynamics, and general market conditions. For a detailed analysis of potential risks, refer to Autodesk's latest filings with the SEC at [www.sec.gov](http://www.sec.gov).
**About Autodesk**
Autodesk is revolutionizing design and manufacturing. Our software spans architecture, engineering, construction, product design, and media, enabling creators worldwide to solve problems big and small. To learn more, visit [autodesk.com](http://autodesk.com) or follow @autodesk.
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*Note: The information presented here is subject to change and does not constitute investment advice.*
Armcoltherm 360 ( -10℃~315℃) Heat Transfer Oil
Armcoltherm 360 represents an advanced, high-temperature liquid phase Heat Transfer Fluid distinguished by its superior thermal stability. This product is a strategic replacement for the established Therminol 68, offering enhanced performance and reliability. Specifically designed for applications requiring operation up to 360°C (680°F), Armcoltherm 360 ensures reliable thermal management in industrial processes.
With a notable boiling point of 308°C (586°F), Armcoltherm 360 maintains its liquid state even under high temperatures, provided that the static pressure is maintained around 2 bar. This feature ensures consistent and efficient thermal transfer without the risk of evaporation or phase change, making it ideal for continuous operations in demanding environments.
Furthermore, Armcoltherm 360 plays a pivotal role in the Organic Rankine Cycle (ORC) technology. By effectively transferring heat, it facilitates the conversion of residual thermal energy into electrical power, thus optimizing energy recovery from waste heat sources. This not only enhances operational efficiency but also promotes sustainability by reducing energy waste and carbon footprint.