Autodesk has agreed to acquire the construction management software provider for $875m, providing an exit to investors including Box and Alphabet.

PlanGrid, a US-based construction software developer backed by cloud services provider Box and internet technology conglomerate Alphabet, yesterday agreed to an acquisition by architecture software developer Autodesk for $875m in cash. The deal is subject to customary closing conditions and is expected to close by the end of January 2019. Founded in 2011, PlanGrid has…

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