3D Systems snaps up Cimatron for just under $100 million

3D Systems snaps up Cimatron for just under $100 million

Nov 24, 2014 | Hot Topics

3D Systems and Cimatron today announced that 3D Systems will acquire all outstanding shares of Cimatron for $8.97 per share in cash for a total of around $97 million, including cash. That $8.97 is a 48% premium to Cimatron’s closing price on the Nasdaq on...
3D Systems snaps up Cimatron for just under $100 million

Autodesk customers flocking to subs, boost FQ3

Nov 21, 2014 | Hot Topics

Autodesk reported results last night that show its transition to subscriptions is picking up steam. Total revenue was up 11% to $618 million, knocking both its own forecast of around $600 million and the investment analyst consensus out of the park. Delcam, acquired...
3D Systems snaps up Cimatron for just under $100 million

Quickie: Cimatron’s Q3 up 8% y/y

Nov 13, 2014 | Hot Topics

Cimatron just reported results for Q3. Revenue  was up 8% year/year to $11.2 million, making it the 18th consecutive quarter with year/year revenue growth in constant currencies. The company has been pressured to articulate a strategy for additive manufacturing, for...
Philae lands and tweets!

Philae lands and tweets!

Nov 12, 2014 | Hot Topics

We take a break from our earnings and conference coverage for a space update: Rosetta’s little Philae probe has landed! Philae sent back this picture, taken from a height of 3 km just before it landed at around 11AM ET: All sorts of cool images and video are...
3D Systems snaps up Cimatron for just under $100 million

AVEVA announces H1, inline with September reset

Nov 10, 2014 | Hot Topics

AVEVA today announced fiscal H1 2015 revenue of £86 million, down 21% year/year — basically as announced in October. The good news: no new bad news. I still need to parse the details, but at a high level: The company reported strength in China, India and parts...

Take a break and watch Engineering Happiness

Nov 10, 2014 | Hot Topics

I’m on a plane, making my way to the Dassault Systèmes 3D Experience Forum in Las Vegas. You, however, have Wifi so connect your speakers and groove to this lovely video: Bentley showed this last week at the start of the Year in Infrastructures Awards Banquet,...
3D Systems snaps up Cimatron for just under $100 million

PTC beats Q4 expectations; disappoints on F15 outlook

Nov 5, 2014 | Hot Topics

So, it’s 11 PM here in London, Bentley’s Year in Infrastructure winners have been announced (and they’re partying hard downstairs — congrats to you and all of the finalists; it was a tough, tough contest)  but back in the real world, PTC...
3D Systems snaps up Cimatron for just under $100 million

ANSYS has a decent Q3 but disappoints on outlook for Q4

Nov 5, 2014 | Hot Topics

ANSYS just announced that revenue for Q3 was $234 million, smack in the middle of its guidance but still below Wall Street expectations, so expect the share to open down a bit today. Also likely to not help with the share price: Q4 guidance of $243.9 million to $251.9...
Quickie: London, bristling with infrastructure projects

Quickie: London, bristling with infrastructure projects

Nov 4, 2014 | Hot Topics

Yesterday marked the start of the 2014 edition of Bentley’s Year In Infrastructure conference. COO Malcolm Walter told us that he counted over 100 cranes while looking out the window at Bentley’s London offices –and I can see something like 20 from...