Autodesk intends to integrate PlanGrid's software and its Autodesk Revit and Autodesk BIM 360 construction-management platform.

Autodesk, Inc. has signed a definitive agreement to acquire PlanGrid, a provider of construction productivity software, for $875 million. This acquisition will enable Autodesk to offer a more comprehensive, cloud-based construction platform.

PlanGrid specializes in productivity software that lets construction workers manage and collaborate on digital blueprints at construction sites.

PlanGrid software offers real-time collaboration, keeping the field and the office on the same page. It gives builders real-time access to project plans, punch lists, project tasks, progress photos, daily field reports, submittals and more.

“As designing and making converge, Autodesk is connecting project data from design through construction and putting predictive insights into the hands of contractors,” said Andrew Anagnost, Autodesk CEO. “There is a huge opportunity to streamline all aspects of construction through digitization and automation. The acquisition of PlanGrid will accelerate our efforts to improve construction workflows for every stakeholder in the construction process.”

“At PlanGrid, we have a relentless focus on empowering construction workers to build as productively as possible,” said Tracy Young, PlanGrid CEO. “One of the first steps to improving construction productivity is the adoption of digital workflows with centralized data. PlanGrid has excelled at building beautiful, simple field collaboration software, while Autodesk has focused on connecting design to construction. Together, we can drive greater productivity and predictability on the jobsite.”