Autodesk, Inc. (NASDAQ: ADSK) today confirmed that it has submitted a non-binding proposal to acquire all the outstanding shares of common stock of Altium Limited (ASX: ALU) for AUD$38.50, to be implemented by way of a scheme of arrangement.

This year at Autodesk University, we’re celebrating the opportunity to design and make better products while using a better cloud-connected product development platform. In that spirit, we’re announcing a new electronics environment in Fusion 360 to further enhance our customers’ capacity to innovate.