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Autodesk wraps Softimage buy


November 18, 2008 Autodesk has completed its purchase of 3-D computer graphics software developer Softimage from Avid Technology for $35 million. "I'd like to reiterate that we plan to maintain and grow the Softimage product line while doing the same with our existing 3-D animation, modeling and rendering software products," said Marc Petit, senior vp of Autodesk Media & Entertainment. With Tuesday's deal, Avid exits the 3-D computer animation market, which CEO Gary Greenfield has said was not a "strategic fit" for the company.

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