Autodesk agreed to acquire MaintainX, a maintenance and operations software company, in an all-cash deal valued at approximately $3.6 billion, the company said Wednesday.
The deal is the largest acquisition in Autodesk’s history, according to SiliconAngle. Its software helps factory and facility teams track work orders, inspection records, asset data, and day-to-day maintenance activity. The San Francisco-based company expects to generate more than $135 million in annualized recurring revenue in 2026, with growth above 50%, the company said.
Autodesk plans to fund the transaction with roughly $1.6 billion in cash and borrow the remainder, according to Bloomberg. The deal is subject to regulatory review and is expected to close before the end of Autodesk’s current fiscal year, which ends in Jan. 2027.
MaintainX will be brought into a new Autodesk division — Autodesk Operations Solutions — joining existing offerings such as Fusion Operations, the Tandem digital twin platform, and the simulation tool Flexsim, the company said.
The acquisition is intended to connect teams that design and build physical assets with the teams that operate and maintain them. Through MaintainX, Autodesk said it gains a stream of operational data — covering equipment condition, service histories, and how assets actually perform in the field — that can inform AI-driven decision-making around physical infrastructure.
“Autodesk is expanding beyond design and make to operations, ensuring data and insights flow seamlessly in a continuous lifecycle,” CEO Andrew Anagnost said in a statement. “Our goal with MaintainX is to bring deep operational expertise, contextual data, and workflows that enhance our ability to use AI to converge digital and physical worlds.”
MaintainX founder and CEO Chris Turlica said the combination would allow the two companies to “connect the teams who design and build assets with the teams who operate and maintain them every day.”
Moving into operations, Autodesk said, would deepen customer ties over a longer horizon — stretching from years into decades — while opening up a larger share of the overall market. MaintainX was founded in 2018, according to SiliconAngle.
Autodesk released the news alongside its fiscal first-quarter earnings report. Shares slid roughly 4% in extended trading after the close, according to Bloomberg.
