Bentley’s IPO. Done. Finally.
Bentley shares started trading under the BSY symbol at around 11:15 on Wednesday. Someone told me that the bookmaker, the brokerage firm that handles trading of the shares, had to determine the opening price, which I thought would be the price Bentley set last night,...
PTC acquires ioxp for cognitive AR
PTC acquires ioxt for cognitive AR I saw this on Ralf Steck’s blog just now and verified it on PTC Germany’s website: PTC has acquired German start-up ioxp to for its cognitive AR and AI technologies. Ralf says that ioxp is a spin-off of the German...
Quickie: Bentley IPO now at $22/share
Quickie: Bentley IPO now at $22/share I am no expert at IPOs but this seems unusual to me: Bentley’s offering had originally set a price range of $17 to $19 per share, then yesterday that range was upped to $19 to $21 — and then last night, it was again...
Quickie: Bentley raises price in IPO
Quickie: Bentley raises price in IPO How interesting: Bentley just filed with the SEC to raise its price per share from $17 to $19, to $19 to $21 — that ups the value of the shares being sold to a max of $259,580,811. Why raise the offering price? Typically,...
Quickies: Bentley sets IPO price, Altair acquires for HPC
Quickies: Bentley sets IPO price, Altair acquires for HPC I go away for a couple of days, and what happens? Yup. Newsy things! Here are two items of interest: Bentley issued another update to its IPO filing, this time with prices for the shares. You can see it here....
Altair adds Univa to its HPC offering
Altair adds Univa to its HPC offering Altair just announced that it has acquired Univa, a maker of workload management, scheduling, and optimization solutions for high-performance computing (HPC), on-premise and in the cloud. Altair says Univa’s Grid Engine is a...
ESI Q2 revenue slowed, company sets up for growth
ESI Q2 revenue slowed, company sets up for growth ESI Group reported Q2 results yesterday, to round out our PLMish earnings for the quarter ended June 30, 2020. First the details, then some comments: Total revenue in Q2 was €26 million, down 13% as reported and down...
Bentley’s S-1 shines a light on how private companies grow, “with engineers in charge”
Bentley’s S-1 shines a light on how private companies grow, “with engineers in charge” As you probably know, Bentley filed to go public a few weeks ago. I put up a quick blog about the filing that evening and promised to read the whole thing and...
