Altair beats Q2 forecasts and raises 2021 guidance
Altair reported results last week — and like others in our PLMish universe, they were better than expected. The details: Total revenue in Q2 was $120 million, up 22% and $8 million ahead of expectations. Altair doesn’t do the constant currency thing for...
Ansys has a great Q2 and expects the momentum to continue
Ansys reported pretty awesome Q2 results last night, and this morning on its earnings call, said that growth was due to three things: increased optimism among its customers that end-market demand will come back post-pandemic, its own efforts to stay close to those...
Quickie: Bentley acquires Imago for image management
That’s a simplified headline — what Imago really does is enable users to catalog and review drilling core and chip (in other words, rock sample) images. A key point in the acquisition: Imago’s machine learning technology that “will lead to a step...
AVEVA says revenue up 11% in CQ2, excluding OSI
AVEVA gave one of its minimalist earnings updates today, likely because its largest shareholder, Schneider Electric, announced its Q2 results this morning. (Schneider Electric is on a quarterly calendar, with the year ending in December; AVEVA’s fiscal year ends...
PTC saw FQ3 momentum in Creo, Windchill; not so much in IoT
PTC reported fiscal third quarter results last night that were … Okay. You can read/see/hear all of the details here. PTC offers data on overall product buckets, geos, etc. that you should go check out. A few of the things I thought most relevant and then some...
PLMish earnings are off to a good start with MuM and Cadence reporting strong performance
We’re deep into earnings this week, as Cadence, Dassault Systèmes, Hexagon, Nemetschek, and PTC all report about what happened during the quarter that ended in June. Before that all kicks off, Mensch und Maschine last week gave us a preview of what to expect....
Siemens to acquire FORAN marine design solutions
Siemens just announced that it is acquiring the FORAN software business from SENER, a Spanish engineering, procurement, and construction firm. FORAN’s solutions are used in the design and construction of ships of all sorts, and marine structures like offshore...
3 on a Tuesday: Autodesk walks away from Altium deal; MarkForged is a public company; DS 3DX moves beyond CAD in AEC
I know – it’s not Friday, no matter how much we might wish it to be. But there’s a lot to catch up on, so let’s get right to it: Remember last month, when news broke that Autodesk was interested in acquiring Altium, the maker of EDA solutions?...
