Jan 29, 2009 | Hot Topics
As expected, PTC announced late yesterday that conditions during the December quarterhad deteriorated significantly, resulting in lower than anticipated revenue for the quarter anddampening the outlook for the remainder of fiscal 2009. The company now sees FY09revenue...
Jan 28, 2009 | Hot Topics
I recently had a long chat with Autodesk’s Amy Bunszel, product marketing manager inthe Manufacturing Solutions Division(MSD), about the company’s plans for Algor.First of all, all Algor employees will remain in Pittsburgh. Mike Bussler, founder of...
Jan 17, 2009 | Hot Topics
DS released preliminary fourth quarter results today, showing that the global economiccrisis is affecting all price points along the PLM curve. DS reports that preliminarynon-GAAP total revenue is estimated at €382 million, compared to the company’sobjective of €385...
Jan 16, 2009 | Hot Topics
Autodesk announced today that it would lay off 750 people (10% of staff) and spin out itslocation-based services businesses (always an unusual fit) to save $130 million in annualoperating expenses. These measures are in addition to the cost-reduction...
Dec 31, 2008 | Hot Topics
It’s been quite a year — like most, filled with stuff both good and bad. My top 10 happenings, all related to engineering software:1. Hit: The CAE vendor landscape changed dramatically, as ANSYS bought Ansoft andexpanded its applications footprint even...
Dec 21, 2008 | Hot Topics
Goodness — that would be quite an announcement. It’s more of a wish …As the year winds down, we’d like to wish all of our friends and colleagues a joyousholiday season. May your 2009 be better in every way.
Dec 17, 2008 | Hot Topics
Autodesk announced today that it has reached an agreement to acquire ALGOR Inc., of Pittsburgh for approximately $34 million, or (by our estimate) slightly more than two times revenue. Autodesk has said all along that it will continue to seek strategic...
Dec 11, 2008 | Hot Topics
ESI announced Q3 results today that were good — and not foreshadowing gloom. It’s thefirst company to announce results that included October, after the world went into thecurrent financial meltdown. Total revenue for Q3 was up 4% to €13.4 million, with...
