Hits and Misses of 2008

It’s been quite a year — like most, filled with stuff both good and bad. My top 10 happenings, all related to engineering software: 1. Hit: The CAE vendor landscape changed dramatically, as ANSYS bought Ansoft andexpanded its applications footprint even...

Peace on Earth

Goodness — that would be quite an announcement. It’s more of a wish … As the year winds down, we’d like to wish all of our friends and colleagues a joyousholiday season. May your 2009 be better in every...

Autodesk strengthens CAE offering by acquiring ALGOR

Autodesk announced today that it has reached an agreement to acquire ALGOR Inc., of Pittsburgh for approximately $34 million, or (by our estimate) slightly more than two times revenue. Autodesk has said all along that it will continue to seek strategic...

ESI Group cautiously optimistic about Q4

ESI announced Q3 results today that were good — and not foreshadowing gloom. It’s thefirst company to announce results that included October, after the world went into thecurrent financial meltdown. Total revenue for Q3 was up 4% to €13.4 million, with...

"Displaced" workers take advantage of Altair’s offer

According to Mike Kidder of Altair, the company received over 200 applications for itstraining/update program for displaced workers in southeastern Michigan (details below).December course offerings were completely booked within 48 hours of the announcement.Writes...

Altair shows the softer side of capitalism

Last week, Altair Engineering announced that it would offer free training courses andsoftware licenses to displaced engineers in southeast Michigan who want to grow theirCAE expertise to increase their marketability to employers. If the program is successful,it may be...

Autodesk acquires iLogic rules-based design software

All user conference come with a blizzard of press releases, and this one almost got lost:Autodesk has announced its intention to acquire iLogic from Logimetrix, a softwarecompany that is part of Cypher Systems Group, a large Canadian developer of businessprocess...