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...

Autodesk’s streak continues

Autodesk handily beat market expectations for the second fiscal quarter of 2009, reportingtotal revenue of $620 million, up 18% over last year and ahead its own earlier forecast.Excluding foreign exchange effects, total revenue was up 10%. Moldlfow contributed...

Autodesk gives first look at Plassotech integration

You may remember that Autodesk expanded its footprint into CAE with the acquisition of Plassotech just about a year ago. At the time, Plassotech had a small but devoted following; many thought its CAE solutions were on par with more established, extensive offerings...