Starboard Value takes about $500 million stake in Autodesk, WSJ reports

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:Activist Starboard Value bought a roughly $500 million stake in Autodesk, and is pushing for changes at the design-software maker, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

Its portfolio of products include Revit and Fusion 360 software.

Autodesk and Starboard did not immediately respond to Reuters' requests for comment.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Autodesk Starboard Maker Changes Design-software Director Mediacorp Window Company Report Recent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-17 @ 08:11:08 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 249 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21275609

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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