Architizer, the New York-based digital media company best known for its expansive database of architectural projects and annual awards program, has a new owner.
As finalized late yesterday, Material Bank, a buzzy marketplace for architectural, design, and construction materials headquartered in Boca Raton, Florida, acquired the 13-year-old Architizer in a maneuver that aims to fuse the latter company’s “best-in-class design resources” with Material Bank’s “powerful specification tools.” As noted in a press release, the newly formed union will enable the AEC industry to “work more effectively and efficiently by simplifying design decisions.”
A monetary figure attached to the acquisition has not been disclosed.
Architizer
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