Catching Up: Bentley, Intergraph, PTC, Siemens and COFES

I may be quite busy and on travel, but the engineering software world rolls on. A couple of interesting tidbits: – According to Greg Bentley, CEO of Bentley Systems, engineering software provides significant return on investment by improving standards of living...

Surprise! Oracle buys Sun

It hit the wires this morning: Oracle has agreed to pay $9.50 a share for Sun, a transactionthe companies have valued at $5.6 billion, excluding Sun’s cash and debt. The deal givesOracle the ability to sell hardware as well as its database technology — and...

Take-aways from Autodesk Investor Day

I was unable to listen to the entire day, but found the following particularly interesting: – Autodesk is trying to help its channel partners make it to the other end of the recession, inpart by reducing the inventory they have to hold in order to remain...

AVEVA acquires instrumentation product IDO

AVEVA has announced the acquisition of iDesignOffice Pty Ltd, the Australian creator ofInstrumentation Design Office (IDO). IDO is a set of applications for creating and maintaininginstrumentation engineering data for process plants. IDO will be renamed...

ESI Group reports steep drop-off in Q4

ESI Group today reported revenue growth of 2% to EU70.2 million for the fiscal year endedJanuary 31, 2009. Excluding acquisitions, revenue declined about 5% from fiscal2007/2008. Like other engineering software companies, business slowed dramaticallyduring Q4: ESI...

ANSYS – weak Q4 leads to worries about 2009

ANSYS shares were hammered late last week, falling to a 52-week low after the companydramatically lowered its forecasts for 2009 — even though results for 2008 were OK. On the plus side: – CEO Jim Cashman said that companies continue to see a need to...

Autodesk’s plans for Algor shaping up nicely

I recently had a long chat with Autodesk’s Amy Bunszel, product marketing manager inthe Manufacturing Solutions Division(MSD), about the company’s plans for Algor. First of all, all Algor employees will remain in Pittsburgh. Mike Bussler, founder of...

Hits and Misses of 2008

It’s been quite a year — like most, filled with stuff both good and bad. My top 10 happenings, all related to engineering software: 1. Hit: The CAE vendor landscape changed dramatically, as ANSYS bought Ansoft andexpanded its applications footprint even...

Autodesk strengthens CAE offering by acquiring ALGOR

Autodesk announced today that it has reached an agreement to acquire ALGOR Inc., of Pittsburgh for approximately $34 million, or (by our estimate) slightly more than two times revenue. Autodesk has said all along that it will continue to seek strategic...

Quick news roundup: AVEVA has great H1, ESI buys VDOT

I’m off to Autodesk University shortly, so this will be brief; more coming after I’m back. AVEVA announced terrific results for their half-year ended September 30, 2008 — and their shares fell like a stone. The results: revenue increased 32% to £74.8...