…AB

The Swedish subsidiary of Autodesk. Prior to the organisation of the subsidiaries in 1984 we were operating in Europe through the businesses which had earlier been Marinchip dealers, with a complicated licensing and royalty scheme. This structure grew because we had better things to do than worry about incorporating new companies. We knew, however, that if we contemplated a public stock offering, we'd have to clean up all the details, so we formally organised the European companies in 1984.