Super quick: PTC to acquire Arena for SaaS PLM
Continuing that momentum into all things cloud and SaaS, PTC says it's signed a definitive agreement to acquire Arena Solutions for $715 million in cash, "enabling the company to deliver a complete CAD + PLM SaaS solution". PTC's CEO Jim Heppelmann said in prepared...
Nemetschek adds DEXMA to its Build & Operate portfolio
Nemetschek today announced that its Spacewell subsidiary has acquired DEXMA, a provider of energy management solutions. The DEXMA Platform consists of integrations to more than 200 hardware sensors, gateways, SCADAS, BMSs and other data inputs (DEXMA Detect), which...
AspenTech acquires OptiPlant for early-stage, AI-enabled design
AspenTech just announced that it is acquiring OptiPlant, which you may know of for its automatic pipe routing -- but the company also offers additional tools to explore and select appropriate options early in the plant design process. AspenTech says, “this acquisition...
AEC shows resilience & growth — recap of Autodesk, AVEVA, Bentley & Nemetschek’s earnings
Autodesk, AVEVA, Bentley, and Nemetschek reported results for their most recent financial quarter over the last few weeks and it’s time to catch up. First, a quick recap of the individual results, then what investment analysts call a read-across — what it means in a...
We’re back!
We think. As far as we know. It's been a rocky couple of days, Internet-wise. We tried to speed up schnitgercorp.com but managed to create conflicts with some of our ISP's mechanisms. We probably could have figured it out ... but, in the end, it just wasn't worth it...
We messed up – but we’re fixing it!
We're sorry if you've had trouble over the last couple of days with the www.schnitgercorp.com website or emailing us -- we tried to make the site better and faster and clearly made it much, much worse. We've nosed out the issues and the website is back up; email is...
DS acquires NuoDB for cloud-native distributed SQL
I hope you had a lovely and peaceful Thanksgiving if you're in the US, and a bit of hush to hear yourself think if you're somewhere else. Last week Dassault Systèmes announced that it was acquiring the 84% of the equity of NuoDB that it did not already own. NuoDB...
Happy Thanksgiving!
Wishing you and yours a peaceful holiday.
Schneider Electric to acquire a controlling stake in ETAP
Super quick: Schneider Electric announced that it will acquire a controlling stake in ETAP Automation Inc. You may be familiar with ETAP: their platform for modeling electrical power systems is integrated with just about every plant design system on the market. ETAP...
Aspen Tech acquires Camo Analytics for … analytics
It's been a bit quiet on the acquisition front lately but Aspen Technology (AspenTech) just announced that it has acquired Camo Analytics AS, a provider of industrial analytics solutions. Camo Analytics makes something called the Camo Analytics Unscrambler suite...
Quickies: Autodesk acquires & Dassault Systèmes updates guidance
Autodesk University starts today, virtually, so expect a lot of news. First up, Autodesk announced that it is acquiring Spacemaker, a company that makes artificial intelligence (AI) and generative design solutions for architects, urban designers, and real estate...
It’s good to be a CAE supplier: notes on Ansys and Altair earnings
Altair and Ansys reported results for the quarter ended September 30, 2020, a few weeks agoand it's time to catch up. First, a quick recap of the individual results, then what investment analysts call a read-across -- what it means in a bigger-picture world. For Q3,...
Tech Soft 3D continues buildout, acquires Visual Kinematics
Tech Soft 3D today announced that it has acquired Visual Kinematics (VKI), which makes DevTools, a suite of component software development kits (SDKs) for CAE applications. This comes just a few weeks after Tech Soft acquired Ceetron, and began adding its...
PTC’s Q4 ends fiscal year on a strong note
PTC announced fiscal Q4 and 2020 results a week ago and I haven't had time for a full write-up -- and now the earnings are starting to pile up. So here's a quick recap of what we learned during the PTC call as well as some inferences we can make. I hope to get back to...
Hexagon acquires PAS Global for its OT, cybersecurity expertise
Hexagon just announced that it will acquire PAS Global, a maker of operations technology (OT) and cybersecurity solutions that are used across industries to prevent, detect, and remediate cyber threats, reduce process safety risks and make plant operations more...
Battery Ventures buys Cimatron & GibbsCAM from 3D Systems
It was just announced that Battery Ventures, an investor across our PLMish universe and most recently in Tech Soft, will buy the Cimatron and GibbsCAM software businesses from 3D Systems Corporation. But they won't be a standalone company Per Battery's announcement,...
Siemens adds computational chemistry modeling to Simcenter
This is interesting. Maybe ten years ago, innovation was all about electrifying mechanical systems. Today, it seems to rely on material science: what can we create that's lighter, stronger, conductive, responsive, or in some other way unique, as a product...
Quickie: Hexagon snaps up ESPRIT CAM solutions
Remember just yesterday, when Hexagon CEO Ola Rollén told investors to stay tuned, that there was significant acquisition activity, even in a time of Covid? Welp. Today, Hexagon announced that it will acquire D.P. Technology, maker of the ESPRIT suite of CAM...
Hexagon’s Q3 was flat year/year on an organic, constant currency basis!!
Is that awesome? No, but in the current economy, we'll take it. Hexagon reported results today that continue the theme of less-bad-than-before, though not yet upward trending. Total revenue in Q3 was €940 million, flat on an organic and constant currency basis with...
ESI’s Q3 shows slowing declines — no upturn just yet, though
ESI Group just reported its Q3 results -- and they pretty much reflect the patterns seen so far this year but hint that things may soon improve. Total Q3 revenue was €22 million, down 12% as reported, and down 9% in constant currencies (cc). The details: License...
