Tech Soft 3D secures backing from Battery Ventures

Tech Soft 3D secures backing from Battery Ventures

Tech Soft 3D secures backing from Battery Ventures Investor interest in out little PLMish world remains strong. Tech Soft 3D yesterday announced that it has closed a “significant” investment from Battery Ventures and that Battery General Partner Morad...
AVEVA says Q4 pipeline solid

AVEVA says Q4 pipeline solid

AVEVA says Q4 pipeline solid AVEVA says Q4 pipeline “solid”Schneider Electric reported results today which mean that AVEVA also released a teeny earnings announcement. More on Schneider Electric later; AVEVA said it had seen revenue growth in the...
Bentley maybe inching towards an IPO again?!

Bentley maybe inching towards an IPO again?!

Bentley maybe inching towards an IPO again?! Bentley issued a terse press release yesterday, saying in its entirety EXTON, Pa., U.S.A. – February 13, 2020 – Bentley Systems, Incorporated today announced that it has confidentially submitted a draft registration...
AVEVA says Q4 pipeline solid

ESI reports revenue up 8% in 2019

ESI reports revenue up 8% in 2019 ESI reported results yesterday for the 12 months ended 31 December 2019 and for the 11 months from 1 February 2019 to 31 December 2019. Since ESI is shifting its financial year to reflect the calendar, we’ll just focus on the 12...
Schneider Electric gets into construction, buys RIB

Schneider Electric gets into construction, buys RIB

Schneider Electric gets into construction, buys RIB How interesting: Schneider Electric just announced that it is buying RIB Software, the German maker of cloud and desktop solutions for AEC/construction projects, for €1.4 billion (a 6.5x revenue multiple). Why?...
Schneider Electric gets into construction, buys RIB

Koch Equity buys rest of Infor

Koch Equity buys rest of Infor It’s not as though this is a slow news week … here’s one more, super quick: Infor, the ERP vendor, is being acquired by Koch Equity Development LLC, the investment subsidiary of Koch Industries, the huge conglomerate...
AVEVA says Q4 pipeline solid

Nemetschek reports revenue up 21% in 2019

Nemetschek reports revenue up 21% in 2019 It’s a big day for PLMish earnings, with Siemens, Hexagon and Nemetschek all announcing results for the year ending quarter, so let’s get right to it. Nemetschek issued preliminary results which include only...