DS takes majority position in Centric Software
DS takes majority position in Centric Software Dassault Systèmes just announced that it will acquire a majority stake in Centric Software, the privately-held maker of PLM solutions for the fashion, apparel, luxury and retail sectors. DS said that, “with this...
Quickie: Historic AVEVA surged in FY18
AVEVA had an awesome fiscal 2018 (ended March 31). You’ll recall that the AVEVA merged with Schneider Electric Software earlier this year to create a much bigger company with software that reaches from plant design to operations. That combined group reported...
A few implications of PTC+Rockwell
Yesterday, all I had time to do was tell you about Rockwell Automation’s $1 billion stock buy of newly issued shares of PTC, but not to muse on the implications. To be clear, PTC says it will use the proceeds to buy back shares so that the overall effect of this...
Quickie: Rockwell invests $1 billion in PTC for IoT & smart factory
This is big: PTC and Rockwell Automation just announced that Rockwell is making a $1 billion equity investment in PTC, as part of a strategic partnership aimed at accelerating growth for both companies. You can see IoT written large all over this announcement,...
Altair to sell more shares in follow-on to last year’s IPO
Altair has only been public for a couple of months but today announced that it’s filed the paperwork for a follow-on public offering of 5,600,000 shares of its Class A common stock, 3,292,580 shares of which will be offered by Altair and 2,307,420 shares offered...
Hexagon grows in autonomous
Hexagon has quietly been building out a solid set of assets that get it ever-closer to the coming autonomous world, starting waaay back when it acquired Leica and Intergraph and, last weekend, announced its intent to add AutonomouStuff (great company name, btw) to the...
Autodesk’s FQ1 a “good start”, call all about cloud, construction
So here’s the thing about public companies: they’re stuck in an endless loop of setting targets, having others adjust those expectations to suit their own needs, and then either meeting or not meeting other people’s forecasts. Autodesk last night...
Quickies: Autodesk invests, Hexagon acquires, a VAR business moves
It’s been a time of transactions in our little corner of the world. Here’s a quick catchup: Autodesk’s Forge fund keeps rolling along in the world of AEC, announced its fifth investment in a construction technology supplier in a year. This time,...
