Portland, Oregon, startup news, open source, and tech news, jobs, and events #pdx
“This was an early acquisition. I didn’t expect it,” said Paez, who said that selling so soon was definitely not part of his plan. “You can’t time these things. As a founder you can only do so much to plan and predict your future and the rest comes down to opportunity and these moments of potential and you capitalize on them or you don’t.”
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Terms of the deal were not disclosed, but Autodesk executives noted the talent and technology developed by The Wild will be the foundation for the larger company’s extended reality strategy.
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This morning, Autodesk announced the intention to acquire Portland extended reality (XR) startup The Wild, which has significant applications in collaboration for the architecture and engineering world. This milestone also marks a significant event for the local venture capital community as The Wild counts local firms Elevate Capital, Ideaship, Oregon Venture Fund, Portland Seed Fund, and The R Group among its investors.
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Just came across another random tidbit about Autodesk acquiring Portland’s Innovyze for $1 billion. And no I’m not just looking for an excuse to say “wet infrastructure” again. Oh. Well crap. Anyway… It just happens to be the largest acquisition in Autodesk history. And that’s something, considering Autodesk has a significant history of acquiring.
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Innovyze isn’t exactly a startup anymore. But when local companies get acquired by Autodesk for $1 billion in cash, it seems like news in which people would be interested.
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If you’re a startup that’s making a physical thing, having products like Autodesk Fusion 360 available to you free of charge can be super helpful. But it can also be frustrating if you don’t feel like you’re doing all you can to get the most out of the product. That’s why Autodesk Portland is hosting “Fusion 360 Stump the Chump in Stumptown.”
Hopefully, you’ve all been tuning in to Stephen Green’s tweets highlighting some amazing black entrepreneurs in Portland. It’s become a tradition designed to help celebrate Black History Month. This year, however, the celebration isn’t just virtual. On the last day of the month, there will be two in person opportunities to celebrate Black History Month and the black entrepreneurs in our community.
Remember when I said it was feeling a bit like a Portland startup accelerator renaissance? Well, today upped the ante. Because Portland had two new accelerator announcements. R/GA announced the first Portland version of their series of brand-powered accelerators—like ones they’ve done with LA Dodgers and Snap—and Uncorked Studios announced a startup accelerator in collaboration with Autodesk and PIE.
So by now, you’ve all likely heard the news that AutoDesk is moving their Lake Oswego office to the Burnside Bridgehead in the Central Eastside Industrial District. That has prompted any number of folks to say to me, “Wait. AutoDesk has a Lake Oswego office?” But it also has a lot of folks asking for more details about AutoDesk and what they do. And now there’s an event to help answer some of those questions.