PTC: Things are looking up!

The good news: things are looking up enough for PTC to forecast actual growth for next year – not couched in terms of “constant currency” or using non-GAAP measures. Actual growth! The bad news, of course, is that 2009 was a dismal year by many measures. PTC...

Some questions resolved in DS/IBM deal

But some questions remain. First the answers from today’s analyst call. Keep in mind that DS couldn’t answer some of the most pointed questions because IBM PLM is a non-reporting piece of a public company and, as such, DS can’t disclose the unit’s financials. • This...

Largest deal in DS history: buying part of IBM

In the largest deal in its history, Dassault Systèmes announced that it is acquiring the IBM sales and support operations for DS’s PLM application portfolio, including customer contracts and related assets, for approximately $600 million in cash. One stated goal...

Earnings preview: good news ahead?

PTC, Dassault Systèmes (DS) and ANSYS report third quarter earnings over the next ten days, so it’s time for a preview. Each company has kept a tight lid on things, so only insiders know what will be reported but we can look to other company’s reports for...

Small world: Gallello takes reins at MSC

Symphony Technology Group (STG) announced today that it has completed its acquisition of MSC Software for a grand total of $390 million and that Dominic Gallello will be taking over as CEO. According to the press release, STG "will build a stronger company,...

Autodesk selects first Algor resellers

Autodesk is finally announcing that seven resellers have been selected and are qualified to sell the Algor product line. Before its acquisition by Autodesk, Algor products were available in the US through online and telephone sales and in the Europe, the Middle East...

AVEVA weighing acquisitions and cashback

We’ve been watching AVEVA’s share price climb on the London Stock Exchange and wondered why. The company hasn’t reported financials, no massive new wins have been announced, economic news is looking up but isn’t great… But now we have a clue: According to...

MSC proxy: drama, mystery and 13 suitors

MSC Software has finally filed the proxy statement for its proposed acquisition by Symphony Technology Group – and it makes interesting reading. At the very least, it explains why it took so long to get the proxy to the SEC. First, a proxy statement is a...

More on ANSYS and MSC Q2 — are we at the bottom of the U? W?

MSC Software and ANSYS filed quarterly reports with the SEC on Friday, so we now have more information about each company’s Q2. Recall that MSC didn’t hold a conference call for analysts because of the pending acquisition by Symphony Technology Group; ANSYS did hold a...

MSC revenue down 19%, reports net loss

MSC Software reported results tonight and has announced that it will not hold the earnings call previously scheduled for tomorrow afternoon because of its expected acquisition by Symphony Technology Group. For the second quarter, total revenue was $51.7 million, down...