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Wednesday, January 21, 2015

BRIEF-Schneider Electric and Autodesk team up for building lifecycle management, (NASDAQ: ADSK)

Schneider Electric : * Schneider Electric and Autodesk Inc announce the signature of a memorandum of understanding* Companies plan to collaborate to enhance current practices for building lifecycle management based on Building Information Modeling (BIM)* MOU to combine Schneider's knowledge of electrical distribution, energy and building management solutions with Autodesk's portfolio of BIM-based design and construction software Source text for Eikon: Further company coverage: (Gdynia Newsroom:)

Autodesk Inc. (Autodesk) is a design software and services company, offering customers productive business solutions through technology products and services. Shares of ADSK traded higher by 0.44% or $0.25/share to $57.10. In the past year, the shares have traded as low as $44.76 and as high as $63.00. On average, 1771960 shares of ADSK exchange hands on a given day and today's volume is recorded at 1175233.