Quick catchup: Ajai Gopal to join Procore, Desktop Metal finds a home, CAE partners merge, more AI
Quick catchup: Ajai Gopal to join Procore, Desktop Metal finds a home, CAE partners merge, more AI A lot is going on (is there ever not?), so here are a few bits and pieces you might find interesting: I don’t usually write about executive transitions, but this...
Are CAD Tools Really That Cheap?
Are CAD Tools Really That Cheap? During Bentley Systems’ recent earnings call, former CEO and current Chairman Greg Bentley told investors that his company could expand its total addressable market by enhancing its products and charging more for them. To make the...
Cadence expands CAE portfolio with $3.25B MSC Software deal
Cadence expands CAE portfolio with $3.25B MSC Software deal Cadence announced yesterday that it will acquire Hexagon’s Design and Engineering (D&E) business—including MSC Software—for €2.7 billion (~$3.25 billion). The deal is a mix of cash (€1.89 billion) and...
The reality of AI: Costs and adoption challenges
The reality of AI: Costs and adoption challenges I’ve come across two interesting reports that highlight how confusing the world of AI is right now — token prices aren’t doing what we thought they would. Adoption also hasn’t yet had the effects...
PLMish earnings so far: mostly cautious but upbeat
PLMish earnings so far: mostly cautious but upbeat Bentley Systems and Trimble reported results yesterday, so while we have weeks to go still in this earnings season, it seems reasonable to do a recap of the main themes so far. As you may know, I listen to a lot of...
Desktop Metal files for bankruptcy protection
Desktop Metal files for bankruptcy protection In case you’re just tuning in, there is a long saga of consolidation in the additive manufacturing space. Nano Dimension tried to buy Desktop Metal and Markforged and ultimately succeeded, but has been rebuffed by...
It’s done: Ansys is part of Synopsys
It’s done: Ansys is part of Synopsys We knew it was coming, but it’s still a bit of a shock: Synopsys announced today that has completed its $35 billion acquisition of Ansys. Synopsys CEO Sassine Ghazi said, “Today marks a transformational milestone...
Autodesk says it’s sticking to tuck-in acquisitions
Autodesk says it’s sticking to tuck-in acquisitions And the news just keeps coming on what is supposed to be a sleepy summer Monday … unless you’re in France, where it’s Bastille Day. Autodesk just released a filing to the SEC (here on...
