Bentley adds geostatistics with AR2Tech acquisition
Bentley Systems last night announced that its Seequent business acquired Advanced Resources and Risk Technology (aka AR2Tech), makers of geostatistical software applications. Remember that Seequent makes 3D subsurface modeling and collaboration tools, sold into...
3 on a Thursday: Gamma and Xometry acquire (not each other), sad news from VRandD
The calendar is racing towards the end of 2021 -- and it actually feels like that, doesn't it? Normally there's a sense of slowing down, of coasting into the year-end, but not this year. A few bits of news you may not be aware of: Gamma Technologies announced that it...
3+1 on a Friday: Centric acquires, Rescale gets more funding, Sandvik expands its software offerings
A busy week or so to catch up on: Centric Software, the majority-owned-by-Dassault Systèmes maker of PLM solutions for fashion, retail and similar industries has acquired Armonica Retail, which makes cloud-native retail planning solutions. Armonica offers everything...
Happy Thanksgiving!
We have so much to be thankful for. There are the usual food, friends, family, and shelter -- never to be taken for granted. This year, we need to add the scientists, inventors, and manufacturers behind the COVID vaccines and treatments; the healthcare workers who...
The last word? PTC+Rockwell=BFFs for … ever?
After yesterday's kerfuffle about an S-3 filing (where I interpreted intentions incorrectly here and tried to fix it all here), PTC and Rockwell came out with a statement that reads, in part ... Rockwell has made no announcement that it is "cutting financial ties with...
More on Rockwell/PTC — there actually may be nothing to see here
This morning, I saw the notification of PTC's filing of an S-3, an intention to facilitate the sale of shares owned by a third party -- in this case, Rockwell. The blog I wrote (here) mused on the likely reasons for such a sale and the impact it could have on PTC,...
Rockwell is selling some? of its $1 billion stake in PTC
UPDATE: I am told that the SEC filing is notifying of an intention to sell up to all of the shares Rockwell owns -- it's not notifying us of sold shares. Am trying to learn the nuances and will add what I learn in another post so that it goes out to everyone. Back in...
Investments aplenty: AutoForm to change hands, nTop gets funding
A couple of things I didn't have time to write about last week, both investments in PLMish companies. And, stunningly, we're talking about billions of dollars changing hands -- and this doesn't even include the $700 million acquisition Bentley announced last week....
Quickie: Bentley adds to utility offering, acquires Power Line Systems
Bentley Systems last night announced that it will acquire Power Line Systems, maker of tools for the design of overhead electric power transmission lines and towers, for $700 million in cash or a combination of cash and Bentley shares (apparently, that's TBD)....
5 on a Friday — what a week! Autodesk, ESI, PTC, Shapr3D, and more
Oh my goodness, what a week. We've had events, earnings, non-earnings news ... I feel like a sponge that simply cannot absorb one more thing. We'll get back to earings in more detail next week (and, I hope a more regular blogging cadence), but here are a couple of...
ESI’s Q3 revenue up 11% in a solid start to the plan announced at its CMD
ESI reported results today -- results that mostly confirm a strong start to the three-year plan the company laid out at its investor event earlier this month: Focus on its existing customers, bringing them new products and expanding installations -- check for Q3 --...
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...
