On behalf of their respective parties, Nicolas Mangon, Autodesk Senior director of AEC Strategy and Marketing, and Xu Jiefeng, president of CABR Technology, signed the MoU in Beijing.
CABR Technology is one of China's top AEC software providers, and its PKPM software is widely used in China's structural engineering industry.
CABR Technology's Xu Jiefeng said, "Following the replacement of traditional drawing boards with computer-aided design software in China, BIM is the next milestone in the AEC industry's technological progress.
Our cooperation with CABR Technology can help better prepare professionals in China to meet challenges, improve efficiency, reduce cost and enhance project quality.
CABR Technology's Yang Zhiyong said, "Construction software is an important driving force for the Chinese AEC industry's technological progress.
This is the second joint venture between AEW and CABR.
We look forward to working with AEW and look to continue the momentum and superior results that AEW and CABR were able to achieve during our first venture together," said Robert Billingsley, vice chairman at CABR.
We are flexible on the size of the individual investment properties," said Anthony McElroy, managing director of acquisitions at CABR.