Autodesk, maker of AutoCAD, BIM 360 and Revit, announced it is acquiring two leading providers of construction productivity software – PlanGrid and Building Connected.

On Dec. 20, Autodesk announced it had completed the acquisition of PlanGrid for $875 million. On same day, Autodesk announced that it had signed a definitive agreement to acquire BuildingConnected for $275 million.

Autodesk and PlanGrid have developed complementary construction software. Autodesk’s BIM 360 construction management platform connects the people, data and workflows on construction projects by supporting informed decision-making throughout the project lifecycle. Autodesk plans to integrate workflows between PlanGrid’s software and both Autodesk Revit and Autodesk BIM 360 for a seamless exchange of information between all project members.

For more information on Autodesk’s acquisition of PlanGrid, please click here.

Autodesks acquisition of BuildingConnected will add bid management, risk analysis and other preconstruction solutions to Autodesk’s construction portfolio. In addition, BuildingConnected’s network presents an opportunity to create a robust digital marketplace for construction goods and services.

BuildingConnected has built a network of more than 700,000 construction professionals, helping real estate owners and general contractors find and hire qualified contractors for their projects. It is the largest and most active digital network of construction professionals.

For more information on Autodesk’s acquisition of BuildingConnected, please click here.