AVEVA’s trading update says H1 revenue up 9% cc
AVEVA just issued another one of its periodic, very brief business updates, saying that AVEVA's revenue grew by approximately 9% in the first half of the financial year on a pro forma organic constant currency [cc] basis ... All of the Group's fee types grew, with a...
MuM says 2021 is pleasing so far, expects a strong Q4
Autodesk reseller and software developer Mensch und Maschine Software (MUM) just reported results that basically shout, we're back! Says the company's press release, "Compared to the pre-crisis year 2019, 9M sales already gained +11%, while EBIT showed a...
Quickie: Changes afoot at Aras
PLM watchers: Aras just announced that founder and long-time CEO Peter Schroer has ceded day-to-day CEO duties to Roque Martin, but will retain his role on Aras' Board of Directors. Mr. Martin comes to Aras from PTC, where, says the release, "he was the general...
6 on a Wednesday: Bentley buys more rail asset management, Hexagon completes Infor EAM deal, Velo3D trading as VLD, Dassault Systèmes partners with Synopsys, more on Emerson+AspenTech and SAP pre-announces
A quick roundup of just a bit of the recent PLMish news: Bentley continues to acquire, this time for rail asset management. A long time ago, I spent a few hours with a software developer that specialized in linear asset management, keeping track of the state of...
Emerson is acquiring 55% of AspenTech for $6 billion + stock
Last week, there was much speculation that Emerson Electric and AspenTech were in merger talks--that was real, and a deal has been reached. The headline is "Emerson to Accelerate Software Strategy to Capitalize on High Growth Industry Verticals and Technology Segments...
Quickie: Emerson buying AspenTech? Not so fast!
Bloomberg last night published a note that said that Emerson Electric Co. is in talks over a combination with Aspen Technology Inc. to create an industrial software giant, according to people with knowledge of the matter. Emerson is discussing a deal to merge its...
8 on a Wednesday? Yup. Quick notes on Rockwell/Plex, 3D Systems, Lectra, Hexagon, Autodesk, Altair, Propel and Procore
Things have been hopping here at Schnitger Corp global headquarters and we're way behind on blogging about important PLMish news. Before we get into earnings and capital market days, a quick catchup: Rockwell+Plex = done deal. Earlier this month, the companies...
Bentley adds to mining offering with Minalytix acquisition
Bentley just announced that its Seequent business has acquired Minalytix, a Canadian company that makes the MX Deposit suite of products. Minalytix was already partly owned by Seequent, though the press materials didn't say how much or reveal any financial details of...
ESI sets the stage with a decent Q2
ESI reported results today for the quarter ended 30 June that were ... decent. As you may know, ESI is in the middle of a transformation from a company that was somewhat random in its execution and communication with customers and investors, to one that aims to be...
Ansys adds Zemax optical imaging system simulation to its portfolio
Ansys has announced that it will acquire Zemax, maker of high-performance optical imaging system simulation solutions. The terms of the deal were not announced, but it is expected to close in the fourth quarter of 2021. Zemax's OpticStudio is often mentioned when...
Sandvik building CAM powerhouse by acquisition
Last year Sandvik acquired CGTech, makers of Vericut. I, like many people, thought “well, that’s interesting” and moved on. Then in July, Sandvik announced it was snapping up the holding company for Cimatron, GibbsCAM (both acquired by Battery Ventures from 3D...
Missed it: Sandvik also acquiring GibbsCAM, Cimatron & SigmaNEST
I missed this last month -- Sandvik also acquired Cambrio, which is the combined brand for what we might know better as GibbsCAM (milling, turning), Cimatron (mold and die), and SigmaNEST (nesting, obvs). These three were spun out of 3D Systems last year, acquired by...
Mastercam will be independent no more
CNC Software and its Mastercam have been a mainstay among CAM providers for decades, marketing its solutions as independent, focused on the workgroup and individual. That is about to change: Sandvik, which bought CGTech late last year, has announced that it will...
Bentley saw a rebound in infrastructure in Q2 but is cautious about China
Bentley continues to grow its deep expertise in various AEC disciplines — most recently, expanding its focus in underground resource mapping and analysis. This diversity serves it well; read on. In Q2, Total revenue was $223 million, up 21% as reported. Seequent...
AspenTech is cautious about F2022, citing end-market uncertainty
We still have to hear from Autodesk, but there’s been a lot of AECish earnings news over the last few weeks. This post starts a modest series as we try to catch up on those results. AspenTech reported results for its fiscal fourth quarter, 2021 last week. Total...
More consolidation: Desktop Metal to acquire ExOne
Just off the newswire: Desktop Metal, a publicly-traded company, will acquire ExOne, also public, in a deal valued at $575 million. Each ExOne shareholder will get $8.50 in cash and $17 in Desktop Metal stock for each ExOne share, which implies a 48% premium to the...
Altair adds S-FRAME for AEC structural designers
Super-quick, because it's that kind of day: Altair just announced that it has acquired S-FRAME Software, a structural analysis tool used by architects, engineers, and designers to evaluate a structure's ability to withstand loads like wind, water, and snow, and meet...
Altair beats Q2 forecasts and raises 2021 guidance
Altair reported results last week -- and like others in our PLMish universe, they were better than expected. The details: Total revenue in Q2 was $120 million, up 22% and $8 million ahead of expectations. Altair doesn't do the constant currency thing for all of its...
Ansys has a great Q2 and expects the momentum to continue
Ansys reported pretty awesome Q2 results last night, and this morning on its earnings call, said that growth was due to three things: increased optimism among its customers that end-market demand will come back post-pandemic, its own efforts to stay close to those...
Quickie: Bentley acquires Imago for image management
That's a simplified headline -- what Imago really does is enable users to catalog and review drilling core and chip (in other words, rock sample) images. A key point in the acquisition: Imago’s machine learning technology that "will lead to a step function in the...
