# Autodesk's Recent Acquisitions

Autodesk’s construction software business is getting its second acquisition-fueled jolt of the past few weeks. The company announced on Thursday that it is acquiring startup BuildingConnected for $275 million.

The acquisition of BuildingConnected comes exactly one month after Autodesk announced plans to acquire PlanGrid, another construction tech startup, for $875 million in November (the deal closed today). Together, the two acquisitions mean Autodesk has paid $1.15 billion in a month for the startup companies.

Acquiring BuildingConnected and PlanGrid pour some fuel on the fire of Autodesk’s [strategy under CEO Andrew Anagnost](https://www.forbes.com/sites/alexkonrad/2018/11/12/blueprint-for-remodel-why-design-software-pioneer-autodesk-is-betting-its-future-on-construction-tech/#2aee035958e3) to focus on construction as its top priority market for software development in recent months. Late to the shift to digital technology, construction is now a fast-growing category for software tools, with some estimates expecting that market to reach $10 billion by 2020. Read rest [here](https://www.forbes.com/sites/alexkonrad/2018/12/20/why-autodesk-just-spent-115-billion-on-two-construction-tech-startups/?fbclid=IwAR1OvxgPnNre2BrakwB2p7acFKChLAhzo4oax2AjYScFv-L2VLZDHSPHx7A#64b2e0e232ab).