<p>AutoCAD software provider Autodesk Inc has acquired the enterprise social collaboration software business of Hyderabad-based Pramati Technologies for an undisclosed amount.</p><p>US-based Autodesk, which provides professional and personal 3D design software, will use the Qontext technology from Pramati to add new social capabilities to its cloud-based platform Autodesk 360, which enables users to store, search, view and share critical design data from anywhere, anytime.</p><p>aAutodeskas acquisition of the Qontext technology is a testament to the Pramati strategy,a said Pramatias co-founder and president Vijay Pullur. aThis transaction is a significant milestone in our ongoing efforts to incubate and build companies that address the rapidly changing needs of business through highly innovative technologies.a</p><p>Pramati was founded in 1998 by Jay Pullur (CEO) and Vijay Pullur as a web technology company. Its flagship product Pramati Application Server hit the market along with offerings from BEA Systems, IBM and Oracle.A Later, the company started investing in technologies and people to create independent companies. Pramati employs over 500 people, across three global locations that includes California in the US and Chennai, apart from Hyderabad.</p><p><a href="http://techcircle.vccircle.com/500/hyderabad-based-pramati-sells-enterprise-social-collaboration-software-biz-qontext-to-autodesk/">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.thehindu.com/business/Economy/autodesk-buys-qontext-from-pramati-technologies/article3969201.ece">Autodesk buys Qontext from Pramati Technologies</a> (The Hindu)</p><p><a href="http://www.domain-b.com/companies/companies_a/Autodesk/20121006_autodesk.html">Autodesk acquires Qontext from Hyderabad-based Pramati Technologies</a> (domain-B)</p><p><a href="http://timesofindia.indiatimes.com/city/hyderabad/Autodesk-acquires-Qontext-technology-from-Pramati-Technologies-of-Hyderabad/articleshow/16687219.cms">Autodesk acquires Qontext technology from Pramati Technologies of Hyderabad</a> (Times of India)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=d3Q3HjXdOcQAcTMQTNDG-u3oZJIjM&ned=us">25 additional articles.</a></p>