AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated There’s a lot going on at AVEVA, with the close of the OSIsoft acquisition, the end of a fiscal year, a new CEO, a global pandemic, and the recovery...
Bentley’s Q1 revenue up 14%, cites SMB progress
Bentley’s Q1 revenue up 14%, cites SMB progress Bentley reported results way back on May 11 but I haven’t had time to finish a deeper analysis — so here’s a quick piece on those results and a little bit on what it all means. Even more quickly:...
Procore finally IPOs; valued at $8.5 billion
Procore finally IPOs; valued at $8.5 billion No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at...
Siemens to acquire Supplyframe for EDA supply chain, broader digital marketplace
Siemens to acquire Supplyframe for EDA supply chain, broader digital marketplace I just noticed that Siemens today announced that it will acquire Supplyframe for $700 million, in a deal that is expected to close sometime before the end of September 2021. I am not...
Ansys acquires Phoenix Integration & its ModelCenter
Ansys acquires Phoenix Integration & its ModelCenter Ansys just announced that it has acquired Phoenix Integration, maker of ModelCenter, a tool used by many who apply the principles of model-based engineering (MBE) and model-based systems engineering (MBSE). The...
4 on a Wednesday: AspenTech mulls partial sale; Siemens, 3D Systems, and Procore acquire (not each other)
4 on a Wednesday: AspenTech mulls partial sale; Siemens, 3D Systems, and Procore acquire (not each other) There’s so much going on that it’s time for a mid-week news roundup: You saw that Autodesk completed its Upchain acquisition, so we won’t cover...
Quickie: Autodesk completes Upchain acquisition
Quickie: Autodesk completes Upchain acquisition Autodesk just announced that its acquisition of Upchain is a done deal. Many of you have asked about Autodesk’s plans for integration of Upchain and Fusion 360 / Vault / Forge — and we should start seeing...
Nemetschek starts strong, Q1 revenue up 12%cc
Nemetschek starts strong, Q1 revenue up 12%cc The Nemetschek Group recently reported Q1 results that point to a recovery in AEC — and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant...
