Geometric to be acquired by HCL

Geometric to be acquired by HCL

When we think of PLM, we tend to focus on the biggest of the big: Siemens PLM, Dassault Systemes, Autodesk, ANSYS, and so on — but these companies rely on a host of component developers, outside software development resources and integration partners to bring...
Aconex & Hexagon acquisitions keep up the pace in AEC

Aconex & Hexagon acquisitions keep up the pace in AEC

The world of engineering software had blistering pace of acquisitions at the start of the year, slowed a bit but seems to be picking up steam again. Two came across the wires in the last few days: First, Aconex announced that it is acquiring Conject for €65 million....
Very quick: Yokogawa outbids AspenTech for KBC

Very quick: Yokogawa outbids AspenTech for KBC

You don’t see this every day: AspenTech says that Yokogawa has outbid it to win KBC, which it just last month said would acquire. AspenTech says it “does not intend to revise its offer of 185 pence for each share of KBC Advanced Technologies plc (KBC)...
Q&A Tuesday: It’s not all about CD-adapco

Q&A Tuesday: It’s not all about CD-adapco

… though most of your questions over the last two days have been focused on CD-adapco and Siemens PLM. There is other news out there worth your consideration. First, keeping to the CAE theme: SIMSOLID (about which I’ll write more thoughtfully...
Siemens CEO says CD-adapco is a perfect fit

Siemens CEO says CD-adapco is a perfect fit

I put up a quick blog post yesterday about the planned acquisition of CD-adapco by Siemens and added more info to it as the day went along — please check back there for initial thoughts — but wanted to do a separate update today. Siemens held its December-quarter...
Siemens snaps up CD-adapco for a cool $1 billion

Siemens snaps up CD-adapco for a cool $1 billion

The rumors are finally confirmed: Siemens PLM is acquiring CD-adapco for $970 million. For those keeping track, that’s about a 5x revenue multiple. ADDED after this blog was first published at around 2PM ET on 25 January 2015 because people were asking for a bit...
AspenTech snaps up KBC for refinery ops

AspenTech snaps up KBC for refinery ops

Now this is interesting. AspenTech, which makes software used for the design and costing of chemical processes (think the molecular changes required to turn crude into jet fuel) and for optimizing the overall oil and gas supply chain (think “how much crude do I...
ESI Group acquires ITI GmbH to add 0D/1D to its offering

ESI Group acquires ITI GmbH to add 0D/1D to its offering

ESI Group just announced that it has acquired 96% of ITI GmbH, maker of the 0D/1D SimulationX solution, and has the option to purchase the remaining 4% in three years. All ITI staff will join ESI (and it sounds like it will be business as usual for ITI customers, at...
Welcome to 2016! Deals continue …

Welcome to 2016! Deals continue …

Happy New Year! May 2016 bring you nothing but happiness, health and prosperity! It’s starting the way 2015 ended: with news of acquisitions and divestitures. Nemetschek says that it has concluded its acquisition of all of the shares of Solibri. You may remember...