Autodesk was founded in 1982 and introduced AutoCAD, the first drafting software for PCs. Since then, Autodesk has been a leader in open standards by developing file formats like DXF in 1988 and supporting standards such as IFC and COBie. Autodesk acquired Revit in 2002 and has continued integrating open standards into its software, making file exchange formats accessible for interoperability in the architecture, engineering and construction industries.