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Quickie: ANSYS to acquire LS-DYNA

Technically, ANSYS will acquire Livermore Software Technology Corporation (LSTC), maker of LS-DYNA but, ya know ... And it's a BIG bucks deal: ANSYS will pay a purchase price $775 million, 60% cash and 40% via the issuance of ANSYS common stock to the current owners...

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What’s in a name?

If you're Siemens, apparently it's plenty. If you tuned into the PLMish news last week, you'll likely know that Siemens PLM Software is now Siemens Digital Industries Software and that the overarching umbrella brand for that software is Xcelerator. Why, you rightly...

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Quickie: RIB invests in US Autodesk reseller

Now this is interesting: RIB, the German maker of the iTWO/MTWO* BIM-focused solution set for the construction industry, just announced that it has acquired a 60% share of U.S. CAD, an Autodesk reseller based in California and with offices across the Western US....

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AI hits the commercial mainstream

I've been getting a lot of questions about AI --what is it, how do I use it, what data do I need to gather to feed the machine, what does it even MEAN?? (very angsty, usually in an "am I already behind" panic)-- and thought I'd try to answer some of the questions...

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Altair’s Q2 solid, Q3? Hmmm

Altair has had a rough time since announcing their Q2 results earlier this month, with the stock down 10% since the news hit the wires. Why? Investors were seemed OK with the Q2 report but were underwhelmed by the company's guidance for Q3 and the year as a whole....

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ANSYS hit Q2 out of the park

One giant deal, several large deals and new accounting rules helped ANSYS report a Q2 that knocked most metrics out of the park**. Details are below, but the main takeaway, for me, of ANSYS' Q2 is this: being a one-stop shop matters. Having the ability to support a...

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Hexagon’s Q2 dragged down by troubles in China

Hexagon last week reported Q2 results that expanded on their preannouncement earlier in July. Weakness in China led to an overall revenue decline of 1% on an organic basis -- though the company reports that revenue from China declined 25%, so clearly grew nicely...

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Nemetschek’s Q2 strong, slows slightly from Q1

Nemetschek announced today that Q2 revenue was up 15% on an organic basis and 21% overall to €138 million. That's very, very good but investors will likely focus on the fact that Q1 growth was 27% as reported (23% cc) and 21% on an organic basis. The details: Total...

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MuM revises growth forecast upward — what slowdown?

PLMish earnings season starts today, as Germany's Mensch und Maschine (MuM) reports how its own software and the Autodesk VAR businesses performed in the second quarter. We've already heard from Hexagon and SAP that China and greater Asia, respectively, dragged down...

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Totally OT: Tang myth, busted

I wrote earlier this week about the Apollo 11 anniversary and mentioned that the space program had given the world Tang. Turns out that wasn't true. The space program made my family aware of Tang --go advertisers!-- but Tang actually pre-dates the moon missions....

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Hexagon’s race to the Smart Factory

What if you could reimagine your product design and manufacturing processes? Start from scratch, rather than have to deal with legacy thinking, work processes and tools? Come up with new ways of working in all areas of your business? That’s what Hexagon wants us all...

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Look to the moon, thank an engineer

This week marks the 50th anniversary of the Apollo 11 landing on the moon. We all know about the incredible bravery of the astronauts to risk everything to go there and (perhaps not) come home--but amidst all the hoopla, spare a thought for the engineers who made it...

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AspenTech acquires IoT and AI companies

Artificial intelligence, AI, means many different things, depending on the industry, use case and technological sophistication of the user. AspenTech, which makes chemical process design software as well as solutions that help process plants manage their assets more...

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Autodesk invests in actual construction startup

You know that Autodesk invests in tech startups. Did you know that they also invest in makers of actual, physical things? Apparently, they do! Autodesk just announced that it has increased its investment in Factory_OS, a "volumetric modular construction start-up" that...

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AEC Quickie: NEMT sells, RIB buys

You might remember that Nemetschek co-owned a company called DocuWare, which is focused on document management and the AEC workflows that surround project documents. The companies have been intertwined for at least a decade but now DocuWare is being acquired by Ricoh...

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Schnitgercorp.com update!

Hello -- and thanks for checking in. We apologize if you experienced errors when using the website earlier today; we were working behind the scenes to make the site load faster, search more quickly and be more secure. We think we've squashed all bugs and put the...

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Hexagon preannounces, cites weakness in China

And so it begins. Hexagon announced today that "the impact of increased geopolitical uncertainties on global trade, especially within the electronics business of the Manufacturing Intelligence" (MI) leads Hexagon to believe total revenue for the June quarter will be...

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