ESI reports revenue up 8% in 2019
ESI reports revenue up 8% in 2019 ESI reported results yesterday for the 12 months ended 31 December 2019 and for the 11 months from 1 February 2019 to 31 December 2019. Since ESI is shifting its financial year to reflect the calendar, we’ll just focus on the 12...
Schneider Electric gets into construction, buys RIB
Schneider Electric gets into construction, buys RIB How interesting: Schneider Electric just announced that it is buying RIB Software, the German maker of cloud and desktop solutions for AEC/construction projects, for €1.4 billion (a 6.5x revenue multiple). Why?...
MuM’s prelim results for 2019 show organic revenue up 25%
MuM’s prelim results for 2019 show organic revenue up 25% Mensch und Maschine, Autodesk’s largest European reseller and a software company in its own right, announced preliminary results for 2019 today. MuM said that it saw 25% organic revenue growth; add...
Dassault Systèmes pivots further to life sciences but industrial still dominates revenue
Dassault Systèmes pivots further to life sciences but industrial still dominates revenue Dassault Systèmes announced results this morning that are generally seen as a bit “light”, meaning below analyst consensus even though they were at the top end of the...
Koch Equity buys rest of Infor
Koch Equity buys rest of Infor It’s not as though this is a slow news week … here’s one more, super quick: Infor, the ERP vendor, is being acquired by Koch Equity Development LLC, the investment subsidiary of Koch Industries, the huge conglomerate...
Hexagon puts 2019 in the rearview, cautiously optimistic about 2020
Hexagon puts 2019 in the rearview, cautiously optimistic about 2020 Hexagon is such a diverse company these days that it’s hard to draw a simple set of conclusions from its earnings reports. After all, it operates in the process industries with the former...
Nemetschek reports revenue up 21% in 2019
Nemetschek reports revenue up 21% in 2019 It’s a big day for PLMish earnings, with Siemens, Hexagon and Nemetschek all announcing results for the year ending quarter, so let’s get right to it. Nemetschek issued preliminary results which include only...
Hexagon adds to its GIS CaaS offering
Hexagon adds to its GIS CaaS offering You could be forgiven for not realizing that Hexagon, besides offering lots of design, engineering and manufacturing technology, also sells data. In fact, that was a major feature of Hexagon’s Capital Markets Day back in...
