AVEVA did it: reaches deal to acquire OSIsoft for $5 billion
AVEVA did it: reaches deal to acquire OSIsoft for $5 billion Remember how AVEVA said it was in talks to acquire OSISoft? Appears they were successful: AVEVA just announced that it has reached agreement on the terms of an acquisition of OSIsoft at an enterprise value...
Bentley files its IPO — again. Finally.
Bentley files its IPO — again. Finally. So much S-1 to read … so little time. You can see the filing for yourself here. A couple of quick highlights from the front of the document: This is an IPO for shares owned by others, as a way of creating a liquid...
FARO buys Traceable 3D
FARO buys Traceable 3D Superquick: FARO Technologies just announced that they’ve acquired Advanced Technical Solutions in Scandinavia AB (“ATS”), maker of Traceable 3D, which combines measurement, technology, and methodology in a single workflow. The...
AspenTech continues trend of good PLMish news
AspenTech continues good PLMish news trend We’re learning a lot about what works and what doesn’t when a global pandemic hits — there’s no guarantee that this will work next time but, so far: low-touch subscriptions sales and renewals, anything...
Altair’s Q2 beat expectations; leads to slight raise in 2020 guidance
Altair’s Q2 beat expectations; leads to slight raise in 2020 guidance Altair reported results last week that continue the PLMish theme of “it could have been much much worse”. First, the details: Total revenue was $98.6 million, down 8% as reported...
AVEVA says it’s in talks to acquire OSIsoft
AVEVA says it’s in talks to acquire OSIsoft It’s been rumored for a while that Schneider Electric is thinking about acquiring OSIsoft; today AVEVA said in a press release that it was in talks for the deal. (Schneider Electric owns most of AVEVA.) If you’re...
Siemens Digital Industries software revenue up 11% – and a hint that all is well at Bentley
Siemens Digital Industries software revenue up 11% – and a hint that all is well at Bentley Siemens AG is a huge and complicated business that announced fiscal third-quarter results yesterday. Total FQ3 revenue was down 5% from a year ago to €13.5 billion....
ANSYS Q2 shows big deals CAN be closed during a pandemic
ANSYS Q2 shows big deals CAN be closed during a pandemic Large deals made ANSYS’ Q2 look unusually strong, in what otherwise has been a relatively weak reporting season in our PLMish world. ANSYS CEO Ajay Gopal said the company closed the largest deal in its...
