PTC’s F22 is off to a solid start, with momentum expected to accelerate
PTC kicked its fiscal year off on a high note, with many metrics ahead of expectations. The facts, then some thoughts: Revenue in Q1 fiscal 2022 was $458 million up 7% (up 8% in constant currencies, cc)Recurring revenue was $405 million, up 5%Perpetual license revenue...
5 on a Friday: Construction app sees investment; earnings from AspenTech, Rockwell, SAP, Software AG
Interest in digitizing the construction industry remains high. On Monday, ConstructSecure announced that it secured a $96 million investment led by Summit Partners. "The investment will help enable further product development and support ConstructSecure's expanded...
4 on a Friday: Autodesk gets into digital dailies, Sandvik announces Q4 results, Reese joins GE Digital, SolidWorks user event goes digital
Autodesk announced that it has acquired Moxion, maker of a "cloud-based platform for digital dailies used by leading filmmakers on some of the world's most complex and challenging productions ... The acquisition of Moxion's talent and technology will expand Autodesk's...
Catchup: PTC ends fiscal 2021 on a high note, invests in SaaS for the future
We're about to get into earnings season when public companies talk about the quarter or year that ended in December. This is a ritual every quarter, of course, but many of the January/February earnings releases talk about the entire year just ended, and lay out...
5 on a Friday: Aras, Hexagon, Sandvik acquire; Nemetschek invests and earnings are a GO
One year ends and another begins ... pretty much as the old one left off. While we were eating too many cookies in late December, Nemetschek and Sandvik announced deals; Aras and Hexagon started the year off with acquisitions of their own: On Tuesday, Aras announced...
Really? Are AI & CAE tied for impact on design over the next 5 years?
Digital Engineering magazine surveyed its readers late last year about the future of design and came up with a slew of interesting findings. You can read their summary of the overall results here, but I'd like to focus on just one aspect: When answering the question,...
Can the auto industry change to build-to-order?
Happy New Year! I hope you were able to chill at least a little in that magic time between "got to get it all done", "oops, too late" and "it's a brand new year of possibilities". Speaking of ... I watched far too much football (the US type, NFL) over my break, and...
May your 2022 …
... be filled with health, happiness, joy, and success. We'll see you then! This lovely dawn was photographed by ErikTanghe. You can see more of their work here.
Quickie: Autodesk adds more estimating, Nemetschek adds digital sculpting
It feels a bit like a year-end flush of deal pipelines, with Nemetschek and Autodesk announcing the fourth and fifth acquisitions just this week in our PLMish world: First, Autodesk said that it is acquiring ProEst, a cloud-based construction estimating solution that...
Quickie: Altair and Trimble acquire to expand their reaches
Super quick, since it's a busy day: Altair announced this morning that it has acquired World Programming, a company that makes data analytics software used in financial services and insurance. Altair CEO Jim Scapa said that "[w]e ... see this acquisition as a...
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...
