Activist investor Starboard Value recently acquired a $500 million stake in engineering software giant Autodesk.

The activist, known for its interventionist approach, is not content with a simple financial stake. It has pointed the finger at certain performance indicators deemed unsatisfactory at Autodesk and is calling for changes within the board of directors. As a result, Starboard has taken legal action to postpone the annual general meeting of shareholders on the grounds that accounting problems were revealed too late, thereby preventing it from demanding changes from the board.

Autodesk, for its part, remains confident in its current strategy and the direction in which the company is heading, despite pressure from Starboard. However, investors appear to be receptive to the activist investor's intervention, with the shares up 4% on the day and 16% for the month of June.

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