Tag Archives: Pro/E

PTC roadmaps aplenty

Another Las Vegas extravaganza wrapped yesterday, as thousands of PTC faithful headed for the exits at Caesar’s Palace. I’m not a fan of Vegas in general, but PTC made it work. The company showcased its new management team (energetic, visionary … Continue reading

PTC World, day 1: Creo and more

PTC users have gathered in Las Vegas for PTC World 2011 to hear from the company and other users how to use PTC products for competitive advantage. After a long day of presentations and meetings, here are a few impressions … Continue reading

PTC surprised by CAD growth

As noted yesterday, PTC reported reported second fiscal quarter revenue of $269 million, up 23% from a year ago, driven in large part by growth in the enterprise CAD business. Net income more than doubled from last year’s Q2, at $19 million … Continue reading

PTC embeds MKS

Last week PTC announced its intention to acquire MKS, Inc. of Waterloo, Ontario, a supplier of tools to manage the lifecycle of embedded mechatronics software, for CDN$26.20/share or CDN$292.5 million in total (about $304 million at current exchange rates). PTC … Continue reading

Autodesk adds CFdesign to its quiver

Big news: Autodesk announced that it has signed a definitive agreement to acquire Blue Ridge Numerics, Inc., maker of the CFdesign computational fluid dynamics software, for approximately $39 million in cash. The transaction is subject to customary closing conditions and … Continue reading

PTC: One size doesn’t fit all

Yesterday the PLM world finally got a look at what PTC has been teasing for months.  The good: PTC focused attention on CAD and articulated the problems many users have with traditional tools.  The bad: PTC had hyped this launch … Continue reading

PTC reports solid Q3, worries about Q4

PTC announced fiscal third quarter results on July 28 that were strong in retrospect but not so hot on futures. FQ3 results were above the revised guidance issued last month: Total revenue was up 7% over last year revenue at … Continue reading

Better economy, PLM priority lead to PTC’s growth

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company … Continue reading

FIRST Robotics finals start tomorrow

Those of you who follow me on Twitter may remember that I absolutely gushed back in February when a FIRST Robotics Competition team spoke to the analysts and media assembled by PTC. A quick recap: a small group of high … Continue reading

PTC’s swagger is back

PTC held their annual media and analyst day on the day “Snowmaggedon” was supposed to hit the Boston area. It amounted to not much of anything but did keep a few participants and a speaker or two away, and sent … Continue reading