CD-adapco sales up 22% last year – and so far this year

We’re not quite done with earnings announcements, it appears. And maybe 2009 won’t bethe disaster everyone forecasts. CD-adapco President Steve MacDonald said the followingat the company’s annual European user conference: “In the midst of constant...

The Tata Nano: "Triumph of Indian Ingenuity"

That’s how the BBC referred to the $2000 car introduced yesterday in India. Their reporterhad a chance to test-drive the car and said it was surprisingly … not disappointing. At leastaccording to the BBC, there had been concerns that Tata’s price...

IBM buying Sun?

Sun Microsystems’ share price has nearly doubled since Wednesday on rumors that IBMis interested in acquiring the troubled hardware maker. For many old-timers Sunworkstations were the first non-proprietary hardware on which CAD software was availableand their...

Update: MSC exec change — Investors like!

Yesterday I wrote that investors seemed lukewarm to the the change in CEO and COO atMSC, with Ashfaq Munshi taking over. By the close of trading, MSC shares were up 11%and look to open “up” today signalling that shareholders have confidence in Mr. Munshi...

Happy Pi Day!

Yes, it’s that time again: tomorrow, March 14, marks Pi Day. For those who need therefresher, Pi= 3.1415926535… (3.14 — get it?) According to the day’s website, Pi Day is“celebrated by math enthusiasts around the world”. Economy got...

Management shake-up at MSC Software

MSC today announced the departure of Chairman and CEO Bill Weyand and Glenn Weinkoop, President and COO, and their replacement by Ashfaq A. Munshi as interim Chief Executive Officer and President. The company’s Board of Directors has retained a national firm to...

ESI Group reports steep drop-off in Q4

ESI Group today reported revenue growth of 2% to EU70.2 million for the fiscal year endedJanuary 31, 2009. Excluding acquisitions, revenue declined about 5% from fiscal2007/2008. Like other engineering software companies, business slowed dramaticallyduring Q4: ESI...

Twenty-five years of VAR success

A lot of press releases come in every day and few are all that notable. One of today’s stands out, not for its content so much as for what it represents. Autodesk is holding its annual VAR (value-added reseller) conference this week and issued a...

Bentley moves user conference online

It’s official: citing cuts in its customers’ travel budgets, Bentley has moved its userconference online, reframing the content as a series of webinars. Given the cost toBentley to stage the annual extravaganza, this only makes sense, as its revenue is...