Sandvik building CAM powerhouse by acquisition

Sandvik building CAM powerhouse by acquisition

Sandvik building CAM powerhouse by acquisition Last year Sandvik acquired CGTech, makers of Vericut. I, like many people, thought “well, that’s interesting” and moved on. Then in July, Sandvik announced it was snapping up the holding company for Cimatron, GibbsCAM...
Ansys adds Zemax optical imaging system simulation to its portfolio

Mastercam will be independent no more

Mastercam will be independent no more CNC Software and its Mastercam have been a mainstay among CAM providers for decades, marketing its solutions as independent, focused on the workgroup and individual. That is about to change: Sandvik, which bought CGTech late last...
Ansys adds Zemax optical imaging system simulation to its portfolio

More consolidation: Desktop Metal to acquire ExOne

Just off the newswire: Desktop Metal, a publicly-traded company, will acquire ExOne, also public, in a deal valued at $575 million. Each ExOne shareholder will get $8.50 in cash and $17 in Desktop Metal stock for each ExOne share, which implies a 48% premium to the...
Ansys adds Zemax optical imaging system simulation to its portfolio

Altair adds S-FRAME for AEC structural designers

Super-quick, because it’s that kind of day: Altair just announced that it has acquired S-FRAME Software, a structural analysis tool used by architects, engineers, and designers to evaluate a structure’s ability to withstand loads like wind, water, and...
Bentley saw a rebound in infrastructure in Q2 but is cautious about China

Altair beats Q2 forecasts and raises 2021 guidance

Altair reported results last week — and like others in our PLMish universe, they were better than expected. The details: Total revenue in Q2 was $120 million, up 22% and $8 million ahead of expectations. Altair doesn’t do the constant currency thing for...
Bentley saw a rebound in infrastructure in Q2 but is cautious about China

Ansys has a great Q2 and expects the momentum to continue

Ansys reported pretty awesome Q2 results last night, and this morning on its earnings call, said that growth was due to three things: increased optimism among its customers that end-market demand will come back post-pandemic, its own efforts to stay close to those...