Evolution continues: Hexagon buys Waygate
Evolution continues: Hexagon buys Waygate Hexagon continues its reinvention — the PPM spin-off, Octave, won’t be complete until May, in all likelihood — today announcing the acquisition of Waygate Technologies for $1.45 billion in cash (about €1.24 billion), in...
PTC’s Strategic Pivot: Back to the Future – and welcome, Velotic
PTC’s Strategic Pivot: Back to the Future – and welcome, Velotic You might recall PTC’s announcement last year regarding the sale of its ThingWorx and Kepware businesses to TPG for $725 million. Last week, the deal officially closed. While the headline figure is...
Hexagon and Cadence complete transfer of design & engineering business
Hexagon and Cadence complete transfer of design & engineering business Superquick. Blizzard bearing down, may lose power (but warm and cozy so far). Hexagon and Cadence just announced that completion of the sale of Hexagon’s Design & Engineering business...
SaaS isn’t going away—even in the age of AI
SaaS isn’t going away—even in the age of AI I get asked this a lot: “Is SaaS dead?” — and, given that all of the PLMish companies in our space sell their software that way, it’s a good question. The whole “SaaS is dead” thing apparently...
“Flow” wars: Autodesk sues Google over product name
“Flow” wars: Autodesk sues Google over product name Reuters reported yesterday that Autodesk is suing Google for infringing on its “Flow” trademark and marketing competing AI-enabled tools that, like Autodesk’s Flow, are used to make movies, TV...
Super quick: Siemens adds to EDA portfolio
Super quick: Siemens adds to EDA portfolio Siemens just announced that it has acquired Canopus AI, makers of a computational metrology platform for semiconductor manufacturers. [If you Google, note that there are two companies called Canopus AI; Siemens acquired this...
PLM earnings check: AI, tariffs, and longer sales cycles
PLM earnings check: AI, tariffs, and longer sales cycles Earnings season kicked off last week. No true PLM heavyweights yet, but enough software and industrial results to start looking at sales and demand trends. And some interesting bits and pieces. Fasten your...
Autodesk to RIF 7% of staff – most in sales/marketing
Autodesk to RIF 7% of staff – most in sales/marketing In a filing with the US Securities and Exchange Commission today, Autodesk announced that it was restructuring its sales and marketing organization (again, still), which the company expects will “result in...
