AVEVA acquires instrumentation product IDO

Mar 31, 2009 | Hot Topics

AVEVA has announced the acquisition of iDesignOffice Pty Ltd, the Australian creator ofInstrumentation Design Office (IDO). IDO is a set of applications for creating and maintaininginstrumentation engineering data for process plants. IDO will be renamed...

President chastises GM and Chrysler

Mar 30, 2009 | Hot Topics

Wow. GM and Chrysler have been sent back to the drawing boards to come up with betterplans if they want more bailout money. The text of President Obama’s statement aboutthe government’s decision to offer a limited bailout for the GM and Chrysler includes...

Formula One: PLM Bellwether #1

Mar 27, 2009 | Hot Topics

I’ve recently been researching PLM bellwethers, those groups or individuals whose use of atechnology or process portends its eventual wider adoption. Bellwethers set the stage,control early research and guide its commercialization. Formula One (F1) racing...

CD-adapco sales up 22% last year – and so far this year

Mar 27, 2009 | Hot Topics

We’re not quite done with earnings announcements, it appears. And maybe 2009 won’t bethe disaster everyone forecasts. CD-adapco President Steve MacDonald said the followingat the company’s annual European user conference:“In the midst of constant...

The Tata Nano: "Triumph of Indian Ingenuity"

Mar 22, 2009 | Hot Topics

That’s how the BBC referred to the $2000 car introduced yesterday in India. Their reporterhad a chance to test-drive the car and said it was surprisingly … not disappointing. At leastaccording to the BBC, there had been concerns that Tata’s price...

IBM buying Sun?

Mar 19, 2009 | Hot Topics

Sun Microsystems’ share price has nearly doubled since Wednesday on rumors that IBMis interested in acquiring the troubled hardware maker. For many old-timers Sunworkstations were the first non-proprietary hardware on which CAD software was availableand their...

Update: MSC exec change — Investors like!

Mar 13, 2009 | Hot Topics

Yesterday I wrote that investors seemed lukewarm to the the change in CEO and COO atMSC, with Ashfaq Munshi taking over. By the close of trading, MSC shares were up 11%and look to open "up" today signalling that shareholders have confidence in Mr. Munshi...

Happy Pi Day!

Mar 13, 2009 | Hot Topics

Yes, it’s that time again: tomorrow, March 14, marks Pi Day. For those who need therefresher, Pi= 3.1415926535… (3.14 — get it?) According to the day’s website, Pi Day is"celebrated by math enthusiasts around the world". Economy got...

Management shake-up at MSC Software

Mar 12, 2009 | Hot Topics

MSC today announced the departure of Chairman and CEO Bill Weyand and Glenn Weinkoop, President and COO, and their replacement by Ashfaq A. Munshi as interim Chief Executive Officer and President. The company’s Board of Directors has retained a national firm to...

ESI Group reports steep drop-off in Q4

Mar 10, 2009 | Hot Topics

ESI Group today reported revenue growth of 2% to EU70.2 million for the fiscal year endedJanuary 31, 2009. Excluding acquisitions, revenue declined about 5% from fiscal2007/2008. Like other engineering software companies, business slowed dramaticallyduring Q4: ESI...