Quickie: Sad news from BETA CAE, plus updates from Altair, MuM and RIB
A quick catch-up on recent happenings, starting with the sad news that the Managing Director of BETA CAE Systems SA, Christos Kolovos, passed away on December 7. He was one of founders of BETA CAE and was a member of the Boards of Directors of several group...
Quickie: DS to acquire IQMS for SMB ERP
Yet another acronym salad; sorry about that.Dassault Systèmes just announced that it plans to acquire IQMS, an enterprise resource planning (ERP) company focusing on the small and medium enterprise portion of the manufacturing sector, for $425M in cash. From the press...
Bentley goes open, open source that is
In October, at its Year in Infrastructure event, Bentley Systems announced that part of its vision for AEC industry interoperability would go open source. It was a big deal announcement and deserves more than the mention I was able to give it at the time.First, what...
Quickie: Siemens adds to wire harness offering by acquiring COMSA & LDorado
Siemens just announced it is acquiring COMSA Computer und Software GmbH, developer of electrical systems design and wire harness engineering software. I was not aware of Its LDorado suite, but Siemens says it is the leader in harness design and engineering software...
Quickie: Aras raises another $70 million in funding
Aras just announced that it has raised another $70 million in equity funding, this time led by Goldman Sachs Private Capital Investing group with participation from Silver Lake Kraftwerk and GE Ventures, both prior investor. These funds will support global...
Just in: Envenio becomes part of JUUL
Now this is interesting. Envenio, which offered cloud based, on-demand, GPU-powered CFD simulation, just sent out an email saying they’ve been acquired by JUUL and will cease independent operations at the end of December. Envenio’s EXN/Aero, is a...
Autodesk’s FQ3: 4M subscribers, double prior max users
Last week’s announcements by Autodesk can be divided into two parts: the acquisition of PlanGrid, which I’ve written about here, and the earnings themselves, which we’ll cover below. PlanGrid isn’t yet part of Autodesk, so doesn’t fit...
ESI’s Q3 license revenue up 16% on a large early renewal
ESI Group just reported results for its fiscal third quarter that could signal a return to growth after a lackluster first six months of the year. The details: Total revenue was €28 million, up 12% as reported and up 12% in constant currencies (cc) License revenue...
