AVEVA optimistic, looking to spend

AVEVA today gave a lot of additional color on its results for the year ended March 31, 2010. Some of the news was good (strength in recurring revenue and in the Americas), some not-so-good (overall revenue decline of 10%) and some downright tantalizing. Read on...

Bentley revenue down but not by much

As I wrote a few weeks ago, private companies choose to share information in unique ways.Bentley Systems creates an “annual report” that is a mix of company-provided data, market analysts’ charts and customer testimonials. This year’s report was published at the Be...

Autodesk surprises with a solid FQ1

Autodesk reported results on Wednesday that continue the trend of positive comparative data for the PLM space. Overall revenue was up $475 million, up 11% from a year ago, blowing away analysts’ estimates of about $435 million.Taken geographically, these results...

Avatech reports “economy improving”

Avatech Solutions reported results today that show times may be getting better for the vast majority of users of engineering software.This announcement was a few days ahead of Wednesday’s report by Autodesk, and I wonder why there aren’t more people on the call...

Vero to be taken private

Just last week I blogged about renewed interest in mergers and acquisition in the greater software space and today Vero Software, the UK maker of CAD/CAM solutions for the tooling industry, announces that it has reached agreement to be bought by BV Acquisitions...

Acquisition fever building

Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray.According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...

AspenTech is getting better

AspenTech yesterday announced results for its fiscal third quarter, and they are not pretty. Getting better, though. Total revenue was $45.6 million, down 36% from a year ago, due primarily to the company’s transition from a traditional perpetual fee/periodic...

ANSYS reports 17% growth in Q1, raises guidance

ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...

Delcam says business is good!

In reserved, British fashion, Delcam plc today issued a trading update for its business through March 31: Sales were better that management had expected, “with software sales on a global basis and especially within the European market ahead of expectations”....

ESI ready for economic rebound

ESI Group last week gave more details on its financial performance for the year ended January 31. In March, we learned that total revenue for the year was €75.1 million, up 7% as reported or up nearly 4% in constant currencies. Almost all of the net increase came from...