Autodesk 2015 Annual Report Download - page 105

2015 Form 10-K 13
ACQUISITIONS
Over the past three years, we acquired new technology or supplemented our technology by purchasing businesses or
certain technology related assets focused in specific markets or industries. For the fiscal years ended January 31, 2015, 2014,
and 2013, we acquired a number of companies and certain technology related assets, some of which were accounted for as
business combinations. The following were key acquisitions for fiscal years 2015, 2014, and 2013:
Date of closing Company Details
June 2014 Shotgun Software
Inc. ("Shotgun") The acquisition of Shotgun provides a cloud-based production management solution that enables digital studios to track, schedule, review, and collaborate on projects and images.
Shotgun was integrated, and the related goodwill has been assigned to, Autodesk's M&E
reportable segment.
May 2014 Within
Technologies
Limited ("Within”)
The acquisition of Within will accelerate Autodesk’s development of tools and technologies
for advanced manufacturing, including 3D printing. Within was integrated into, and the
related goodwill has been assigned to, Autodesk’s PSEB reportable segment.
February 2014 Delcam plc
(“Delcam”) The acquisition of Delcam provides Autodesk a range of design, manufacturing and inspection software that enables automated CADCAM solutions for a variety of industries,
ranging from aerospace to toys and sports equipment. Delcam was integrated into, and the
related goodwill has been assigned to, Autodesk's MFG reportable segment.
November 2013 Graitec SA
(“Graitec”) The acquisition of Graitec (including Graitec’s Advance Steel and Advance Concrete product lines, and associated employees) enhanced Autodesk’s offerings for structural engineering
and expanded our portfolio of technology for BIM for structural fabrication and detailing.
Graitec was integrated into Autodesk’s AEC segment.
December 2012 PI-VR GmbH ("PI-
VR") The PI-VR acquisition brings sophisticated visualization solutions that will strengthen and
enhance our expertise in and offerings for automotive visualization. PI-VR has been
integrated into, and the related goodwill was assigned to, the MFG segment.
October 2012 Qontext ("Qontext") The Qontext acquisition provides us with an enterprise business and social collaboration
platform which extends our reach into design networks via contextual workflows. This also
expands our expertise in cloud and social networking by supplementing existing knowledge
in cloud, web, and mobile development. Qontext has been integrated into, and the related
goodwill was assigned to, the PSEB segment.
August 2012 Socialcam, Inc.
("Socialcam") The Socialcam acquisition strengthens our ability to make our product line more social, and deliver more mobile/web oriented products. In addition, the acquisition integrated with
Autodesk 360 to further provide collaboration features to our professional customers.
Socialcam has been integrated into, and the related goodwill was assigned to, the PSEB
segment.
June 2012 Vela Systems, Inc.
("Vela") The Vela acquisition provides a platform to deliver project information to the point of construction. Vela, integrated with Navisworks, augments the model-based data created in
Revit, establishing a bi-direction and visual link between model elements and relevant
information - streamlining the information management process from design through
construction to hand-over and into operations. In addition, this acquisition delivers model-
based construction via mobile and cloud. Vela has been integrated into, and the related
goodwill was assigned to, the AEC segment.
BACKLOG
We typically ship products shortly after receipt of an order, which is common in the software industry. Our backlog
consists of current software license product orders which have not yet shipped. The category of current software license product
orders which we have not yet shipped consists of orders from customers with approved credit status for currently available
software products.
Backlog was $40.4 million at January 31, 2015 compared to $19.7 million at January 31, 2014. The actual amount of
backlog at any particular time may not be a meaningful indicator of future business prospects as this amount is impacted by a
number of factors not related to future trends or events such as the order fulfillment process, the method of software delivery or
the linearity of our business within the fiscal period.
GLOSSARY OF TERMS
Billings—Amounts billed to customers during the current fiscal period net of any partner incentives or other discounts.
2015 Annual Report