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MuM’s Q4 revenue up 15%

EarningsYesterday’s gloomy Trimble news wasn’t the start of a trend, it would appear. Today,  Mensch und Maschine, the Autodesk VAR and developer of software under the OPEN MIND and other brands, reported that Q4 revenue was up 15% to €37 million, boosting sales for 2014 up 11% to €140 million. Revenue from the Software business was up 10% to €39 million while the VAR business contributed €102 million, up 12%, for the year.

Given what the company sees right now, it forecasts 2015 sales of at least €150 million, and sees its prior target of €200 million still achievable by 2018.

CEO Adi Drotleff summed it up this way: “I am very happy that we could get back to double digit sales growth in 2014. Due to strict cost discipline, we have increased earnings highly disproportionately, making another huge step in our business model transition towards more value.”

We’ll get more details when the company releases final audited results on March 16, 2015.

And a quick update to yesterday’s news that Bentley has acquired Acute3D, which supplies the engine inside Autodesk’s 123D Catch. Bentley tells me:

“Over the years Bentley has acquired many companies that have had relationships with Autodesk—and, in fact, Bentley is the largest 3rd party developer for Autodesk in the AEC markets—and we continue to manage those relationships in a straightforward and professional matter. The same can be expected with respect to Acute3D acquisition.”

And Autodesk says:

“Autodesk had purchased perpetual rights to Acute3D technology and significantly improved upon that source code base over several years. As a result the Acute3D acquisition will not have an impact on Autodesk products or technology. We’re seeing increasing recognition from our customers of the value of reality computing technologies across all industries, so we see this acquisition as further validation of the power of reality capture technologies such as Autodesk 123D Catch, Autodesk ReCap and Autodesk Memento to enable customers to make the real world computable.”

— sounds to me like absolutely nothing will change.

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