MuM scales back acquisitions

MuM scales back acquisitions

A quick update: German company Mensch und Maschine Software (MuM) announced today that a “solid Q2” build on the success of a “strong Q1” to lead to a “good first half of fiscal year 2012”. Recall that MuM sold its distribution...

MuM 2012: Off to a strong start

Mensch and Maschine Software (MuM) today reported that preliminary Q1 figures indicate that revenue from its continuing operations were up about 17%, but in total were about half of that recorded in Q1, 2011. Sales from the proprietary software segment, M + M Software...

MuM’s 2011 shows a VAR in transition

Mensch und Maschine last week gave formal, final results for 2011 that confirmed its earlier disclosure and provides more details — but the big takeaway is that MuM’s new strategy appears to be working. Over the last 18 months or so, MuM has sold off much of its...

Quickies: AspenTech, Cimatron, Comet & MuM

Trying to keep up with the news flow isn’t easy this week! Here are a few tidbits that might have escaped your notice: Aspen Tech has acquired SolidSim Engineering GmbH, a provider of solids process modeling software. It’s a natural combination, since a lot of...

MuM sells distribution business

Mensch und Maschine Software (MuM) just announced that it had sold off its software distribution business to the Tech Data Group for around €25 million, about 2/3 of which which will be paid in at closing and the other 1/3 to be paid out depending on business...

MuM all according to plan

The engineering software public reporting season starts in earnest this week, with Mensch und Maschine (MuM), PTC, Dassault Systemes and Nemetschek releasing information on their second quarter performance and their view of the year still to come. MuM kicked things...

M+M Q1 on target, too

Mensch und Maschine Software (M+M) announced Q1 results today that show that its diversification strategy is working: building up a VAR channel and focusing on the “value add” component is paying off. First quarter revenue was up 14% to €59 million, as all parts of...

MuM sees significant improvement in profit

Mensch und Maschine Software (MuM) today provided final, audited financial data for 2010 and updated guidance for 2011 and 2012. Nothing much changed in the data for 2010 (blog post on preliminary results), but the company’s share price is up almost 10% on the news,...

MuM’s the (good) word

Last week German reseller Mensch und Maschine (MuM) disclosed preliminary results for 2010 that showed strong growth in revenue and operating profit for the fourth quarter and for the year as a whole. For the year, total sales were up up 19% to €195 million while Q4...

Autodesk Q2: My $.02

A lot has hit the media in the last few days about what exactly Autodesk will report on Thursday, when it makes public its Q2 2011 results. Its share price has gone up and gone down on the “news”, much of which has been correct, but some … not so much: •...