Acquisition mania

I’ve been working on a mid-year update of my market numbers for CAE (which show better than expected growth to date in 2011) and am stunned by the rapid pace of acquisitions we’ve seen this year. It’s one thing to note them as they happen, but when...

News you may have missed, 16 Sept

The industry’s acquisition binge continues, with news of a new deal just about every week: Bentley invests in TEEC Bentley Systems announced yesterday that the company has taken a minority equity stake in The Engineering Essentials Company (TEEC) and placed a person...

ESI: CAE Virtual Reality

ESI Group reported today that revenue for the second quarter was up 11% to €19 million, on license revenue growth of 12%. CEO Alain de Rouvray said, “The second quarter saw an acceleration in the growth of our activity, particularly in Europe. Over the first half, the...

MuM sells distribution business

Mensch und Maschine Software (MuM) just announced that it had sold off its software distribution business to the Tech Data Group for around €25 million, about 2/3 of which which will be paid in at closing and the other 1/3 to be paid out depending on business...

Siemens PLM, Boston, Rain

Last week I got to spend several days with the Siemens PLM team at their annual analyst event. Rain poured down outside as the remnants of another hurricane washed by but we were toasty dry inside, taking in over 20 hours of presentations, demos and meetings. I know I...

MSC acquires FFT, Actran

MSC Software today announced that it has acquired the Belgian company Free Field Technologies (FFT), a provider of acoustics and NVH simulation software for the automotive, aerospace and other industries. MSC’s press release says that “bringing FFT together with MSC’s...

Autodesk ramps up its plant offering

Earlier this week, Autodesk announced the release of the Autodesk Plant Design Suite, 3 flavors of integrated apps that support multidisciplinary plant design. You can go here for the details of what is in the standard, premium and ultimate suites packages or to...

What you might have missed, 1 Sept

A lot happened while I was on vacation, and I’m still trying to catch up. A couple more headline-y bits from the overflowing inbox:Spaceclaim 2011+Spaceclaim last week announced the 2011+ release of its eponymous software. This release has a heavy focus on building...

Robots and speed at SolidWorks 2012 launch

I spent yesterday in Concord, Massachusetts, home of the Minuteman, the “shot heard round the world” and other US Revolutionary War sites, but I wasn’t there for the history. SolidWorks invited press and analysts to its world headquarters for a...

What you might have missed, 23 August

So I went on vacation last week. And the world of engineering software kept going, perhaps even ramped up a bit even though I wasn’t around to pay attention. Here are a few of the news bits I found most compelling from my time away:SGI acquires OpenCFDLast week SGI...