Quick update: Siemens/Vistagy, CENIT, Cimatron

I was away from the office all of last week, attending Bentley’s Be Inspired event in Amsterdam (more on that soon) and sitting in on meetings in London, but the world of engineering software kept going. Here’s news you might have missed: Siemens PLM to acquire Vistagy Consolidation continues among the PLM software providers, as Siemens on November 9 announced that it had signed a definitive agreement to acquire VISTAGY, Inc. Vistagy was originally known for its composites design technology but has recently also begun providing solutions for the complex assembly structures in the aircraft industry. Siemens says it is adding Vistagy’s aero-industry specific capabilities to its portfolio to make it “the only company worldwide to support the whole value creation for carbon fiber components with its software tools – from product definition and development to manufacturing and service.” Terms of the deal have not been disclosed. Cimatron announces results for Q3 Cimatron reported that Q3 revenue increased 10% to $9.6 million. Investors were underwhelmend and sent the share price down 15%. More details as soon as I figure out why I can’t get the earnings call replay to work – the company usually gives more detail on the call than in the press release. CENIT reports Q3, confirms guidance Cenit AG Systemhaus reported that sales grew 20% during the first 9 months of the year to €78 million on solid results across the board. The company saw growth in both product lifecycle management (up 20% in the first 9 months to €56 million) and the enterprise information management (up 20% to €22 million) segments; in sales of its proprietary software (up 40%) and third-party products (up 51%); and in higher levels of capacity utilization in its service and consulting businesses (with revenue up 6%). Given these results for the year-to-date, CENIT announced that for the 2011 business year, the Company projects revenue growth of about 10% to reach about €102 million. Given performance to date, this forecast implies that CENIT sees a slowdown coming in Q4 — echoing sentiments of other IT companies so far this earnings season. Earnings coming this week include RAND, AVEVA and Autodesk.