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Autodesk makes a $3.6B move onto the factory floor with MaintainX acquisition

A factory machine starts making a strange noise.

For decades, that moment has existed far from the software used to design the machine itself. Engineers created assets. Maintenance teams kept them running. The data generated throughout an asset’s life often lived in separate systems, disconnected from the people who built it.

Autodesk is betting that is about to change.

This week, the software giant announced plans to acquire Miami/San Francisco scaleup MaintainX, a maintenance and operations software company, in an all-cash deal valued at approximately $3.6 billion. The acquisition is the largest in Autodesk’s history and signals a broader shift in how software companies are approaching artificial intelligence and the physical world.

Most people know Autodesk for the tools used to design buildings, infrastructure, products, and manufacturing systems. MaintainX operates on the other end of that process, helping organizations manage maintenance activities, inspections, work orders, and asset performance once those assets are already in use.

The company may not be a household name, but Autodesk sees something increasingly valuable in its platform: data.

Every repair, inspection, equipment failure, and maintenance task creates information about how physical assets perform in the real world. That data can help organizations reduce downtime, improve reliability, and eventually power AI systems capable of making smarter operational decisions.

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“Autodesk is expanding beyond design and make to operations, ensuring data and insights flow seamlessly in a continuous lifecycle,” Autodesk CEO Andrew Anagnost shared in the company’s announcement.

The acquisition reflects Autodesk’s growing focus on connecting every stage of an asset’s lifecycle, from design and construction to operation and maintenance. The company believes that bringing those worlds together will create stronger feedback loops and better data, especially as AI becomes more deeply embedded in industrial workflows.

For Autodesk, the opportunity extends beyond software. The company has said that expanding into operations could significantly increase the size of its addressable market while creating customer relationships that last decades rather than years.

The deal also highlights the rapid rise of MaintainX. Founded in 2018, the company expects to surpass $135 million in annual recurring revenue during 2026 while maintaining growth above 50%, according to Autodesk.

“MaintainX was built to empower the people who keep the physical world running,” MaintainX’s Miami-based founder and CEO Chris Turlica said in the announcement. “Joining forces with Autodesk is an incredible opportunity to accelerate that mission.”

Turlica continued: “Together, we can connect the teams who design and build assets with the teams who operate and maintain them every day, and help customers work smarter across the entire lifecycle of their assets.”

The transaction is expected to close later this fiscal year, pending regulatory approval. 

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Riley Kaminer