Super-quick: additive manufacturing consolidation, this time for real
Do you remember last year's kerfuffle about Nano Dimensions acquiring and then not acquiring Desktop Metal, which itself wanted to merge with Stratasys, and then 3D Systems entered the mix? It was a confusing series of non-events that kept promising to reshape the...
Synopsys to sell optical assets to Keysight (maybe)
Last night, Synopsys announced that it has agreed to sell its Optical Solutions Group (OSG) to Keysight Technologies. You may recall that Synopsys is in the process of seeking approval to acquire Ansys and that Keysight last year acquired ESI Group … Anyway, Synopsys...
nTop secures investment from NVIDIA’s NVentures
(Yes, many Ns, but that's actually correct spelling and capitalization.) nTop, fka nTopology, just announced that it has received an unspecified investment from NVIDIA's venture capital arm, NVentures. The companies say these funds will be used to integrate NVIDIA's...
Bentley acquires Cesium to iTwin 3D GIS workflows
I am still trying to get caught up on earnings digests, but this just jumped to the head of the queue: Bentley Systems just announced that it had acquired Cesium, makers of a very cool platform for creating (and using) geospatial applications; its 3D Tiles is a de...
A wander through PLMish earnings so far
This has been an unusually long and somewhat fraught earnings season. We started with Dassault Systèmes' preannouncement, wandered through the drama around Autodesk's delayed publication of its fiscal 2024 (ended 31 January) annual report and subsequent Q1 filings...
Super-quick: Renesas completes Altium acquisition
Renesas announced yesterday that it had completed the AUS$9.1 billion (Yen 887.9 billion; US$6 billion or so) acquisition of Altium and that Altium is now a Renesas subsidiary. In announcing the closing, Renesas CEO Hidetoshi Shibata said, "The integrated and open...
Hexagon reports flat Q2 2023, looks ahead to economic recovery
Last week, Hexagon reported Q2 total revenue of €1,353 million, flat year/year, amid global weakness in the construction sector and slowing investments in automotive, affecting sales of sensing and robotic systems. Bright spot? Mining in Latin America. The company...
PLMish earnings update: Nemetschek, Cadence, SAP all hold steady
The first real week of PLMish earnings went reasonably well. Dassault Systèmes gave more detail on the disappointing news from a few weeks ago but didn’t fundamentally change anything. Hexagon saw a "challenging demand environment", with overall revenue down 1% to...
Super quick schnitgercorp.com RSS update
Do you still use RSS, Real Simple Syndication? I do -- it's an old-fashioned way of finding out who's written what without going to each blog site. Unfortunately, fewer websites are creating RSS feeds, and so the tools that we used to rely on no longer work (ahem ......
MuM didn’t see problems in Q2; reports record half-year
Mensch und Maschine (MuM) today reported results for the second quarter—and the good news is that it was the strongest H1 in the company's history. Of course, it is not selling megadeals to aerospace and defense companies as Dassault Systemes is, but I’m taking...
DS starts PLMish earnings on a down note
And here we go—it’s the start of the third calendar quarter, which means we’ll hear from the publicly traded PLMish companies about how the second quarter went and what they expect for the rest of 2025. I admit, I didn’t see this one coming since general trends had...
Autodesk’s FQ1 overshadowed by accounting – but it was actually really good
Before we get into it: I titled my last blog about Autodesk’s earnings “Nothing to see here” — meaning, literally, nothing to see here, since Autodesk said its accounting review led them to conclude that nothing needed to be restated in any financial statements it had...
Nemetschek to acquire GoCanvas for over USD700 million
Deal news is flowing fast right now … Today, the Nemetschek Group announced that it will acquire the shares of GoCanvas Holdings, a US-based company that makes field worker collaboration solutions -- so, on a construction site. GoCanvas connects the job site on one...
Tech Soft 3D adds Theorem to its portfolio
Tech Soft 3D just announced that it's buying Theorem Solutions, makers of advanced CAD data translators and publishing tools. I'm most recently aware of their Theorem XR, which builds on their 30 years of repurposing 3D data via translators and publishing tools. At a...
Autodesk: everything is fine; nothing to see here
A quick update since so many of you have asked: On Friday, Autodesk said it had concluded its investigation into free cash flow and operating margin calculations and that there would be no restatement or adjustment of any previously released financial statements. In...
So much news: acquisitions, divestitures, non-deals and an appreciation
Last week, I was in the Cotswolds in England. It was gorgeous; I’ll tell you more about it some other time — but, oh my goodness, the PLMish world kept going! Yes, there’s lots of earnings news, much of which isn’t the most upbeat, but we also have other things to...
Even Siemens’ hardware is going software
Last month, I spent a few days with Siemens at its Karlsruhe facility, home to the Process Automation division (as well as a canteen, manufacturing plant, and I don’t know what else—it’s a massive complex where thousands of people work). Here’s what I learned during...
Bentley goes Blyncsy for AI
(Sorry - I’m truly terrible at headlines.) Do you remember // did you listen to Bentley’s Q4 earnings call? CEO Greg Bentley was very excited about the potential of the company’s asset analytics offerings, specifically its 2023 acquisition of Blyncsy. You may remember...
Q4 earnings wrap: Altair, Ansys, Autodesk, Bentley, Hexagon, PTC, Siemens DI Software — and what I want to know about Q1
The earnings news cycle is about to kick off again, and I owe you a recap of what we learned about the December quarter. I always start these earnings seasons with high hopes and a plan to get out timely recaps … and every quarter, something derails me. So let’s recap...
Catchup: Bentley gets a new CEO, Francisco acquires Jama, JDM buys Penta and STRUXI, Stratasys snaps up Arevo’s IP, Synopsys+Ansys still a go
Happy Spring! While you've been out gathering daffodils (not us - we had snow last weekend here in New England), the PLMish world has kept up a steady stream of news. In no particular order, Bentley Systems announced that Nicholas Cumins will become CEO as of 1 July...
