Activist investorStarboard Valuehas reportedly acquired a significant stake inAutodesk Inc(NASDAQ:ADSK) and is advocating for changes within the company. Autodesk's architecture, engineering, and construction solutions includeAutoCADandRevit, their flagship product for relational building information modeling.
What Happened: Starboard Value has invested approximately $500 million in Autodesk, a design-software company. The investment firm has expressed concerns about the company's operational strategies, corporate governance, and handling a recent accounting investigation that led to a drop in the stock price, reported to The Wall Street Journal on Sunday citing people familiar with the matter.
Starboard...