ESI buys Mineset big data analytics from SGI

ESI buys Mineset big data analytics from SGI

ESI today announced that it is acquiring Mineset Inc., a big data visual analytics and machine-learning specialist, from SGI. [Recall that ESI acquired OpenCFD Ltd, owner of the OpenFOAM Trademark, from SGI in 2012. — Ed.] Mineset bills itself...
Where are we going? A simulation view

Where are we going? A simulation view

The good news: we’re no longer evangelizing about the benefits of simulation. Most people and companies understand that CAE can help create better products, more quickly. The bad news: many still don’t get the fact that simulating one facet of a product isn’t...
ESI Group acquires ITI GmbH to add 0D/1D to its offering

ESI Group acquires ITI GmbH to add 0D/1D to its offering

ESI Group just announced that it has acquired 96% of ITI GmbH, maker of the 0D/1D SimulationX solution, and has the option to purchase the remaining 4% in three years. All ITI staff will join ESI (and it sounds like it will be business as usual for ITI customers, at...
ANSYS Q3 near top of guidance; sees 9% growth in 2016

ANSYS Q3 near top of guidance; sees 9% growth in 2016

ANSYS just announced that GAAP-basis revenue in Q3 was $238 million, up 2% as reported and up 9% in constant currencies — and near the top end of its earlier guidance. Software license revenue was $140 million, flat year/year as reported, while...
Exa’s Q2 shows good progress

Exa’s Q2 shows good progress

Exa reported results last week that show good progress, if not stellar growth. Total revenue in Q2 was $15.5 million, up 4% as reported and up 15% in constant currencies — more or less in line with prior guidance and Wall Street’s expectations. The details: License...
ANSYS’ Q2 shows steady pace

ANSYS’ Q2 shows steady pace

ANSYS today reported Q2 revenue of $235.5 million, smack in the middle of its prior forecast of  $230 million to $238 million and about $1 million ahead of Wall Street consensus. That’s good, and the news sent the share price up about 2%; after the earnings...
Siemens PLM CONX ties together users, systems and products

Siemens PLM CONX ties together users, systems and products

I’ve been on a quest to find out where designs come from and one thing is clear: nothing is ever created in a vacuum. A good industrial designer will look at what else the prospective buyer might have on his desk, so that the new ergonomic mouse fits into the...
ESI acquires Ciespace to bring CAE to the masses

ESI acquires Ciespace to bring CAE to the masses

Add together acquisitive leanings and the trend to all things cloud, and what do you get? ESI yesterday announced that it has acquired Ciespace, which appears to have figured out a way to get around performance , scalability and real-time collaboration issues to...
MSC acquires Simufact for forming, welding

MSC acquires Simufact for forming, welding

MSC Software just announced that it has acquired Simufact, maker of Simufact.forming and Simufact.welding, nonlinear simulation software technology for manufacturers. Yes, for forming and welding — it costs a lot of money to trial these manufacturing processes,...