Quickie: DS to acquire IQMS for SMB ERP

Quickie: DS to acquire IQMS for SMB ERP

Dec 11, 2018 | Hot Topics

Yet another acronym salad; sorry about that.Dassault Systèmes just announced that it plans to acquire IQMS, an enterprise resource planning (ERP) company focusing on the small and medium enterprise portion of the manufacturing sector, for $425M in cash. From the press...
Bentley goes open, open source that is

Bentley goes open, open source that is

Dec 7, 2018 | Hot Topics

In October, at its Year in Infrastructure event, Bentley Systems announced that part of its vision for AEC industry interoperability would go open source. It was a big deal announcement and deserves more than the mention I was able to give it at the time.First, what...
Quickie: Aras raises another $70 million in funding

Quickie: Aras raises another $70 million in funding

Nov 29, 2018 | Hot Topics

Aras just announced that it has raised another $70 million in equity funding, this time led by Goldman Sachs Private Capital Investing group with participation from Silver Lake Kraftwerk and GE Ventures, both prior investor. These funds will support global...
Quickie: DS to acquire IQMS for SMB ERP

Just in: Envenio becomes part of JUUL

Nov 28, 2018 | Hot Topics

Now this is interesting. Envenio, which offered cloud based, on-demand, GPU-powered CFD simulation, just sent out an email saying they’ve been acquired by JUUL and will cease independent operations at the end of December. Envenio’s EXN/Aero, is a...
Quickie: Aras raises another $70 million in funding

ESI’s Q3 license revenue up 16% on a large early renewal

Nov 27, 2018 | Hot Topics

ESI Group just reported results for its fiscal third quarter that could signal a return to growth after a lackluster first six months of the year. The details: Total revenue was €28 million, up 12% as reported and up 12% in constant currencies (cc) License revenue...
Quickie: Aras raises another $70 million in funding

AVEVA’s H1 benefits from solid execution

Nov 20, 2018 | Hot Topics

Q: How do you put together two very different companies, in the hope that 1+1 > 2?A: Very carefully.AVEVA today reported that revenue for the first half of fiscal 2019 were £343 million, up 11% as reported and up 14% in constant currencies (cc). Excluding the boost...