Quickie: Nemetschek hit record revenue in 2016

Quickie: Nemetschek hit record revenue in 2016

Nemetschek just announced preliminary results for 2016 — and they’re solid. Revenue was around €337 million, at the low end of the company’s earlier guidance but still up 18% over 2015. We don’t have any real detail about Q4 but through the...
PTC’s FQ1 shows strength across the board

PTC’s FQ1 shows strength across the board

PTC last night gave us our first glimpse into how 2016 ended for PLMish companies — and the news was solid. Demand for PTC’s CAD products was up and the company’s “land and expand” strategy in IoT seems to be working. Not so awesome: the...
Sallinger of PPM, another long-time PLMish CEO, steps aside

Sallinger of PPM, another long-time PLMish CEO, steps aside

Hexagon today announced that Mattias Stenberg has taken over as President of the Process, Power & Marine (PPM) business, succeeding Gerhard Sallinger, who has been appointed Senior Vice President of Strategic Alliances for Hexagon. Mr. Sallinger, who has been with...
Siemens bets big on software, all across the AG

Siemens bets big on software, all across the AG

Quick: what do you think of when I say “Siemens”? Since you read here, probably PLM, and that makes sense. But Siemens AG is so much bigger than the PLM part of the business, encompassing energy, medical diagnostic systems, manufacturing automation...
MSC snaps up SC/Tetra’s parent company

MSC snaps up SC/Tetra’s parent company

While we were all off sipping warm beverages, MSC Software made what was probably the last PLMish deal of 2016 when it acquired Software Cradle, makers of the SC/Tetra CFD software. On December 15, according to Asian media outlets and confirmed on the Cradle website,...
Nemetschek snaps up dRofus

Nemetschek snaps up dRofus

Nemetschek, the holding group for the Nemetschek, Graphisoft, Allplan, Solibri and other AEC-focused brands, announced today that it is acquiring dRofus AS, a Norweqian provider of BIM planning, data management and collaboration tools. I am not aware of dRofus, but...
To a joyous 2017!

To a joyous 2017!

Dear everybody, We’re closing out 2016 with a few more blog posts and some Glühwein (German mulled wine, yum) but know that many of you are heading out on your year-end holidays. We wish you and yours a happy ending to 2016 and nothing but the best for 2017....
Quickie: Dassault Systemes acquires Xflow

Quickie: Dassault Systemes acquires Xflow

Dassault Systemes just announced that it has acquired Next Limit Dynamics, whose CFD solution, XFlow, is used across industries for an undisclosed amount. The press release says that Next Limit had revenue of about €1.6 million in 2015. Recall that DS famously said it...
ESI’s Q3 shows continued momentum

ESI’s Q3 shows continued momentum

It looks like things may finally be coming together for ESI. Q3 results, released a few weeks ago, show that the company is reaching new customers, deepening relationships with longtime customers — and partnering with a leading research institute to...
The IT gremlins have not been kind …

The IT gremlins have not been kind …

Apologies if you tried to use the schnitgercorp.com website over the last 24 hours; we had a few glitches that, we think, are now fixed. Please let us know if you run into anything weird — we’re still doing...