ESI acquires Scilab, a numerical computation platform

ESI acquires Scilab, a numerical computation platform

ESI Group today announced that it has acquired Scilab Enterprises SAS, which publishes and offers professional services for Scilab, the open source software for numerical computation that’s an alternative to MATLAB from The Mathworks. This is ESI’s second...
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,...
Quickie: Siemens snaps up Mentor Graphics

Quickie: Siemens snaps up Mentor Graphics

A couple of weeks ago, news broke that Mentor Graphics was “exploring options” — and the speculation started about who would acquire the maker of EDA and simulation software. (Recall that they acquired FloEFD maybe 10 years ago.) Well, now we know:...
Quickie: GE abandons offer to buy SLM

Quickie: GE abandons offer to buy SLM

I wrote in September about GE’s strategy to acquire German company SLM, maker of 3D printing machines, as part of an effort to build a $1 billion additive manufacturing business by 2020. It appears that Elliot Management (which you may remember as a long-time...
Autodesk transfers utility-industry products to SBS

Autodesk transfers utility-industry products to SBS

Autodesk and Spatial Business Systems (SBS) announced yesterday that further development of Autodesk’s utility industry products is being moved to SBS. This news affects users of the Autodesk Substation Design for Inventor, Autodesk Substation Design for...
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...
Quickie: GE all in on 3D printing

Quickie: GE all in on 3D printing

General Electric, the global megacorp that includes aircraft engines in its huge manufacturing portfolio, announced today that it is acquiring two European 3D printing companies for a total of $1.4 billion, making ever more real its vision to supply more complex...
Quickies: Acquisitions continue in the PLMish world

Quickies: Acquisitions continue in the PLMish world

Just because you’re lying on a beach, don’t assume everyone is. We’ve had a couple of acquisition announcements come across the transom in the last week, and they’re noteworthy. SofTech continues its shift in focus away from PLM. You may have...