PP&M: Solving Complex Problems

My head is spinning after 2+ days at Hexagon’s first user conference since the close of the Intergraph acquisition. This is one complicated company!  First, a couple of general impressions, then some detail from the PP&M keynotes. I attended Monday’s investor...

AVEVA has a banner F2011

AVEVA today announced that revenue for the year ended March 31, 2011 grew 17% to a record £174 million, with strong performance in the oil and gas vertical and in Asia. Three percent of growth came from acquisitions (ADB and Logimatic’s MARS business last June), which...

Hexagon says 2011 off to good start

Hexagon AB today reported an 18% increase in organic revenue but a 77% increase when including last year’s Intergraph acquisition — which led to a near-doubling of reported earnings before taxes. Hexagon is a complicated business that, in the last year alone,...

AVEVA says all’s still ok

AVEVA released one of its cryptic interim statements today, in which it said that fiscal 2011 was “in line with expectations” and that all was “consistent with trends” discussed in an (equally cryptic) January 2011 statement. I shouldn’t pick on AVEVA; this...

Bentley engineers the wind

Last month Bentley Systems announced the acquisition of the SACS business from Engineering Dynamics, and most people said, who? There wasn’t time then to answer the question, but today we can catch up a bit. Engineering Dynamics, Inc. was founded in 1973 by three...

Intergraph PP&M thrives

There are a lot more than six sides to Hexagon AB, the Swedish holding company that last year added Intergraph to its portfolio. Hexagon’s network of nearly 50 subsidiaries focus on measurement and design of objects as small as microchips and as large as power plants...

AVEVA says all OK

Plant and marine design software supplier AVEVA Group on Friday issued an Interim Trading update in which it said that business from November through January continues more or less to plan, leading the company’s board to “remains confident of a successful outturn for...

AVEVA details half-year, changes CFO

AVEVA Group last week gave more details on its performance for the six months ended September 30 2010. The company last month hinted that its end-markets are still recovering from the global economic meltdown, and that progress to a more normal economic state is...

Done Deal: Intergraph is now a Hexagon company

Yesterday, while we were busy trying to digest all Dassault Systemes’ earnings and PTC’s Creo announcement, Hexagon quietly closed its acquisition of Intergraph. Back in July, Hexagon announced that it wanted to acquire the US-based seller of plant design and...

AVEVA: Last six months were mixed

AVEVA today offered a brief update on its performance for the first half of its fiscal year, from April 1 to September 30. There were no numbers or real details, but the company did say that its end-markets are still recovering from the global economic meltdown: the...