Hexagon: strong Q3, ‘cooling’ China

Hexagon reported a solid third quarter 2011, with total revenue of €521 million, up a whopping 55% as reported and up 13% excluding acquisitions and foreign exchange effect — meaning Intergraph and other recent acquisitions accounted for about €150 million in...

MuM starts earnings with a bang

It’s going to be a busy week, with earnings news coming from Mensch und Maschine (MuM), PTC, Dassault Systemes, Hexagon and Nemetschek. Let’s get right to it, with good news from MuM. You probably recall that MuM is reinventing itself, buying up VARs and selling its...

MSC’s customer focus pays off

The tagline for the MSC Software user conference last week was “MSC Reloaded” — and, in many ways, that appeared to be the case. I didn’t think to ask, but if the analogy of “aim –> fire –> reload –> fire” is being made, MSC is very...

AVEVA hints at good start to F2012

AVEVA today hinted at results for the six months ending September 30 and announced that full details will be published on November 15. As expected, performance was strongest in Latin America, South Korea and Central and Eastern Europe, especially in oil and gas....

DS strengthens composites sim

Dassault Systèmes today announced that is has acquired Simulayt Limited, a provider of composites and advanced draping simulation technology. We all know composites are where it’s at in terms of reducing weight while meeting performance requirements, so this...

Vero acquires Edgecam

Vero Software, the UK-based provider of CAD/CAM and CAE solutions for the tooling industry, today announced that it is merging with Planit Holdings, a developer of CAD/CAM software for the production engineering, sheet metal, metal fabrication and woodworking sectors...

AVEVA acquires Z+F UK

AVEVA today announced the acquisition of Z+F UK Limited, maker of the LFM software suite of 3D laser scanning software packages. AVEVA and Z+F UK have been partners for years, releasing increasingly sophisticated tools to integrate the output from laser scanning with...

RAND focuses on profit

Rand Worldwide yesterday reported fiscal 2011 revenue of $89.2 million and net income of $1.8 million. Since this is the first year of reporting after the reverse merger of Rand and Avatech, along with a change in the fiscal year-end, it is difficult to draw...

Acquisition mania

I’ve been working on a mid-year update of my market numbers for CAE (which show better than expected growth to date in 2011) and am stunned by the rapid pace of acquisitions we’ve seen this year. It’s one thing to note them as they happen, but when...

News you may have missed, 16 Sept

The industry’s acquisition binge continues, with news of a new deal just about every week: Bentley invests in TEEC Bentley Systems announced yesterday that the company has taken a minority equity stake in The Engineering Essentials Company (TEEC) and placed a person...