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...

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...

Autodesk University: 10,000 stories

Autodesk University was, as always, overwhelming. Perhaps nine or ten thousand people at the Las Vegas Venetian Resort’s convention center, attending any one of several dozen sessions going at any one time. I tried to hit as many as sessions possible, but could only...

Autodesk talks product portfolio changes, credit crunch

Two more interesting bits of information from the Autodesk’s third quarter 2009 earnings call: Carl Bass, CEO, said right up front that the economy is affecting Autodesk’s customers, buthas a plan to help at least North American customers in the short term. Said Bass,...

Autodesk sees tough times ahead

Autodesk reported good results for the quarter ended October 31, 2008 but spoke ofuncertainty ahead. Since the earnings release happened at the same time as the AutodeskManufacturing group’s industry analyst event described below, I was unable to participate inthe...

Digital prototyping, Autodesk style

Autodesk’s Manufacturing group, headed by Buzz Kross, hosted an industry analyst day inLake Oswego, Oregon this week. Kross and his staff presented Autodesk’s “democratizing”vision for the manufacturing space, tying together industrial design, engineering,...

Uh-oh: Autodesk warns for Q3

Autodesk this morning issued a terse press release saying that preliminary results showthat revenue will be in the range of $604 million to $607 million — far below the earlierforecast of $630 million. The press release contains the following from Carl Bass,...

PLM stocks battered on Wall Street — why?

So everyone knows that the US Congress on Monday failed to vote to pass a $700 billion billto bail out the financial markets. Whether you’re for or against the bill is irrelevant; its failureto pass cost investors $1.1 trillion. Almost twice what the bill would...

Is PTC hanging out the “For Sale” sign?

The Financial Times of London reported on Saturday that PTC has approached GoldmanSachs about selling itself for something on the order of $2 billion. FT cites "people withknowledge of the process" but was unable to get PTC to comment. The article says...