ESI reports steady progress in Q4

ESI reports steady progress in Q4

ESI just reported revenue for the fourth quarter and fiscal year that ended on January 31 — and the news is good. Recall that ESI’s revenue is really backweighted, with the bulk of renewals coming in Q4 and skewing result for earlier periods each year....
Hexagon adds MSC to its stable, for $834 million

Hexagon adds MSC to its stable, for $834 million

Now we know. The sale of MSC Software has been rumored for a while but always seemed to mention financial buyers. It turns out that a strategic buyer has stepped up — and I think it’s a perfect match. First, the background: Hexagon AB, for those who...
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,...
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...
Altair revs its rendering engine

Altair revs its rendering engine

Altair announced today that it has acquired Solid Iris Technologies, maker of the Thea Render photorealistic rendering engine that’s already in use in Altair’s solidThinking Evolve concept design solution. Thea Render results are gorgeous –check out...
Q&A Friday: CD-adapco and CAE at the Olympics

Q&A Friday: CD-adapco and CAE at the Olympics

It’s a gorgeous summer day here in New England — a perfect time for a little A to some of the Qs that have come in to the Schnitger Corp. website: Who is the CEO of CD-adapco? Bob Ryan has been the CEO of CD-adapco since June. You may know Mr. Ryan from...