PTC, DS, Altair and Hexagon oh my

Lots going on today — PTC makes its big announcement (and, I think, slipped up a bit on some timing), DS reports that Q3 was really good, Altair acquires SimLab and Hexagon closes on Intergraph.  Briefly, before I flit off to the PTC event: •PTC’s been so loudly...

News bits: 3D, clouds and more

Still trying to catch up from nearly a month of personal and business travel, so here are a few interesting things from my overflowing in-box: Autodesk commissioned a survey of online consumers that showed that the majority prefer to examine potential purchases in 3D...

Quick catch-up: what you may have missed

Goodness – I go away for a few days, and the PLM world keeps on spinning ;-) Here’s what happened while I was away: Avatech Solutions (now part of Rand) reported revenue of $31.3 million for the fiscal year ended June 30 2010, down from $35.4 million a year ago....

SG&I to IGS — Intergraph to create new subsidiary

In the blizzard of information that came out of Intergraph’s user group meeting last week was the announcement that the company will create an independent subsidiary to handle Intergraph’s classified business for the US government, Intergraph Government Solutions...

Intergraph CEO to step down

Intergraph is holding its user conference this week in Las Vegas — rescheduled from May when flooding in Nashville cancelled so many events — and, by all reports, it’s going well. All Points Blog, from Directions Magazine, is covering the event and...

Hexagon reports Intergraph deal on track

Hexagon announced earnings results today that show it is progressing nicely in its present business: Q2 revenue was up 16% due to a pick up in the pace of recovery in its NAFTA and EU regions. (An aside: it’s nice to see recognition that the US is not the only market...

Hexagon: combining the measured and representational

I had seen Intergraph PP&M perhaps acquiring a laser scanning company, but not a metrology company buying all of Intergraph, so yesterday’s news was quite a surprise. Digging into the acquisition a bit more resolves some questions but raises others.Hexagon has...

Hexagon acquires Intergraph for $2.13 Billion

Well, it’s finally done.Intergraph Corporation today announced it has signed a definitive agreement to be acquired by Hexagon AB in a transaction valued at approximately $2.125 billion.For a quick refresher, Intergraph was taken private in 2006 by an investor group...

Acquisition fever building

Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray.According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...

Intergraph acquires COADE

Huge news: Intergraph, a supplier of high-end plant design and data management tools, announced today that it had acquired COADE, a privately-held supplier of AutoCAD-based plant design and stress analysis tools. Terms of the deal were not disclosed; the COADE team...