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...
AVEVA says revenue up 11% in CQ2, excluding OSI
AVEVA gave one of its minimalist earnings updates today, likely because its largest shareholder, Schneider Electric, announced its Q2 results this morning. (Schneider Electric is on a quarterly calendar, with the year ending in December; AVEVA's fiscal year ends in...
PTC saw FQ3 momentum in Creo, Windchill; not so much in IoT
PTC reported fiscal third quarter results last night that were … Okay. You can read/see/hear all of the details here. PTC offers data on overall product buckets, geos, etc. that you should go check out. A few of the things I thought most relevant and then some...
PLMish earnings are off to a good start with MuM and Cadence reporting strong performance
We're deep into earnings this week, as Cadence, Dassault Systèmes, Hexagon, Nemetschek, and PTC all report about what happened during the quarter that ended in June. Before that all kicks off, Mensch und Maschine last week gave us a preview of what to expect. And in...
Siemens to acquire FORAN marine design solutions
Siemens just announced that it is acquiring the FORAN software business from SENER, a Spanish engineering, procurement, and construction firm. FORAN's solutions are used in the design and construction of ships of all sorts, and marine structures like offshore oil...
3 on a Tuesday: Autodesk walks away from Altium deal; MarkForged is a public company; DS 3DX moves beyond CAD in AEC
I know - it's not Friday, no matter how much we might wish it to be. But there's a lot to catch up on, so let's get right to it: Remember last month, when news broke that Autodesk was interested in acquiring Altium, the maker of EDA solutions? Seems like a long time...
Hexagon adds location to AR, snaps up Immersal
What’s new: Hexagon acquires Immersal, which makes an SDK that adds spatial location to AR solutions. Why it matters: Sometimes, the location of an AR experience is irrelevant (doing maintenance on a unique item, for example), but in other cases, knowing that this...
Quickie: Bentley expands underground modeling with acquisition of Aarhus
I'm watching the UEFA Cup, so this will be brief: Bentley just announced that the Seequent business unit Bentley just acquired is, in turn, acquiring the Danish company, Aarhus GeoSoftware. Aarhus GeoSoftware makes AGS Workbench, SPIA, Res2DInv, and Res3DInv for the...
Hexagon to acquire Infor’s EAM business for $2.75 billion
Much more to come on this, but news broke earlier today that, pending regulatory approvals, Hexagon will acquire Infor’s EAM (Enterprise Asset Management) business, for approximately $2.75 billion in cash and newly issued securities. That's not this year's largest...
Gamma Technologies acquires to add power converter tech to GT-SUITE
CAE consolidation continues -- and it isn't just at the big-company level. Gamma Technologies (GT) just announced that it has acquired Power Design Technologies SAS (PDT), maker of the PowerForge SaaS solution for power converter design. You might not recognize the GT...
3 on a Friday: Bentley goes for more debt, Rockwell acquires Plex, FARO grabs HoloBuilder
A quick recap of a few things I didn't have time to write about this week: Bentley Systems announced this week that it was launching a second private convertible debt offering of $500 million, after doing the first in January 2021. The first $500 million was used to...
Cadence on CAE: delight and opportunity
Over the last few months, Cadence acquired NUMECA for its CFD and Omnis offerings, and Pointwise for its meshing capabilities. These took me by surprise since both are great CAE assets that I had no idea a Cadence would be interested in. So I've been digging into it...
Quickie: FeedBurner’s going away – maybe – so Schnitger Corp email subscriptions are changing
A while ago, I wrote about the fact that Google put its FeedBurner service into maintenance mode. When we started the site, we used FeedBurner to get Hot Topics blog posts into people's inboxes and blog rolls and it worked great. A couple of years ago we added the...
Bentley ramps up utility pole management offering with SPIDA acquisition
You may know that, over the years, I've judged various categories for Bentley's Year in Infrastructure Awards and learned so much in the process. One year, an entry was all about utility poles -- we drive by them, rely on them without thinking about them unless...
Quickie: Siemens adds proFPGA for hardware verification
Super quick, as I (virtually) run between events: Siemens Digital Industries Software just announced that it has signed an agreement with PRO DESIGN Electronic GmbH to acquire its proFPGA product family of Field Programmable Gate Array (FPGA) desktop prototyping...
Autodesk wants Altium’s PCB design but, so far, no deal
Last night in the US // early Monday in Australia, Altium and Autodesk announced that a deal may be in the offing. Autodesk has offered AUD38.50 (Australian dollars) per share for Altium, the maker of EDA solutions for printed circuit board designers, but Altium's...
