Altair tops targets in Q1, acquires rest of FluiDyna
Altair made several significant announcement over the last week, culminating yesterday with its first quarter results. Quickly, Altair reported Q1 revenue that beat expectations, sending its share price up a couple of percentage points after the announcement hit the...
Bentley’s corporate update: no IPO, no drama, record cashflow
Do you remember 2015? It feels so long ago. Bentley Systems gave us a glimpse into its business progress, calling it an Annual Report. Then came the possibility of an initial public offering (IPO), quiet periods, market watching to figure out timing (do you remember...
Hexagon CEO’s legal saga continues
Hexagon announced on Wednesday that the Norwegian Court of Appeal has decided to accept the appeal launched by the Norwegian economic crime authority of CEO Ola Rollén’s unanimous acquittal in January on charges of insider trading. This apparently isn’t as...
Siemens FQ2 results highlight sharp growth in PLM
Siemens released its fiscal Q2 results this morning — and PLM software continues to be a bright spot, with frequent mentions of integration into other areas of the business and the opportunities ahead. Siemens said revenue from the PLM software business...
Hexagon’s diversity helped offset PP&M’s lackluster Q1
Hexagon, another big company getting bigger via acquisitions, announced results last Friday. Hexagon is the parent company of brands such as Leica Geosystems, (Intergraph but now) Hexagon Process, Power and Marine (PP&M), Vero and MSC Software — and is...
ANSYS Q1 boosted by biggest-ever deal
ANSYS reported Q1 results last week that blew past most estimates and forecasts because the company is starting to reap the benefits of its big-ness. Recall that It has gone from mechanical FEA (ANSYS) to adding CFD (Fluent) to including EMAG (Apache and Ansoft) and...
Altair acquires, extends its Carriots IoT the the edge
The pace of news this week … Altair Engineering just announced that it has acquired the intellectual property of CANDI Controls, Inc. and hired CANDI’s software and technology team. I hadn’t heard of CANDI Controls before, so did a little digging. CANDI,...
Siemens + Sarokal > 5G. And, what’s 5G?
A while ago, Siemens announced that its Mentor Graphic business was buying Sarokal, makers of software and hardware used in developing and testing 4G and 5G telecomms infrastructure. I didn’t know what that meant and so the good folks at Mentor gave me a crash...
