PTC invests in ServiceMax to expand ops, R&D

PTC invests in ServiceMax to expand ops, R&D

PTC is putting more of its money into building a thriving Service Lifecycle Management business, taking part in an $82 million Series-F round of funding for ServiceMax. ServiceMax, which makes cloud-based field service management apps, has now raised a total of $202...
DEAL! AVEVA+Schneider, sorta

DEAL! AVEVA+Schneider, sorta

While you and I were at the beach or in the mountains, the lads and lasses at AVEVA have been busily negotiating a merger with Schneider Electric, one of the suitors that kept cropping up over the last couple of years. It’s a very complicated deal –and it...
Quickie: DS rocks Q1, acquires Modelon

Quickie: DS rocks Q1, acquires Modelon

Heading out to day 2 of the Siemens Oil and Gas Innovations Conference but wanted to take a quick peek at Dassault Systèmes Q1 results, reported early this morning. On the surface, DS knocked Q1 out of the park, soundly beating its total revenue target €615 million or...
ESI goes big — data, that is

ESI goes big — data, that is

ESI Group is on a roll, announcing two acquisitions in less than a week. Today, the company said it is acquiring the assets of Picviz Labs, which creates data-mining and cyber-security technologies. Picviz Inspector enables users to examine large, complex datasets...
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