Altair starts 2020 with an EMAG deal
Surprise! One of the PLMish world's most acquisitive companies has done it again: Altair announced today that it has snapped up Spain's newFASANT, which makes software used for high-frequency electromagnetic analysis. newFASANT was founded in 2010, a spin-off from the...
Do we even still fax?
Hello and welcome back! I hope you had a bit of time off at the year-end and are not stressing too much over how many cookies you might (or might not, we'll never know) have consumed. I'm easing back in and discovered this marvelous headline among all of the emails...
Happy holidays from Schnitger Corp!
Quickie: Nemetschek adds to its media brands
Just across the newswire (well, into the inbox since that's how it all works nowadays): Nemetschek, best known for its BIM brands Allplan and Graphisoft, also has a media and entertainment division called Maxon. Nemetschek says that Maxon will merge with a company...
YII is all about the twins, ’bout the twins, no singles*
(* Massive apologies to Meghan Trainor, on whose All About That Base lyrics it is based. Great song, bad pun.) Last month’s Year in Infrastructure (YII) in Singapore, hosted by Bentley Systems, lived up to the hype: amazing infrastructure projects, technology galore...
Quickie: FieldView now part of Vela Software
Just saw the press release: on November 8, 2019, Intelligent Light announced that it had sold the right to develop, sell and support FieldView to Vela Software International, the company that bought Tecplot four years ago. According to the press release, and with no...
Have a wonderful Thanksgiving!
Wishing you and yours a holiday filled with all the good things.
Quickie: Autodesk’s decent FQ3 doesn’t help, investors unhappy with Q4 outlook
tThe marAutodesk's Q3 beat expectations (at least by a little in most categories) but less-than-stellar outlook for Q4 caused investors to push the share price down by as much as 4% after the earnings release hit the newswires. Some of the details of the Q3 results:...
Quickie: Hexagon adds Volume Graphics to inspection software offering
Hexagon just announced that it will acquire Volume Graphics, maker of the VGSTUDIO suite of industrial computed tomography (CT) software. VGSTUDIO and related products let a quality engineer take the mesh created via a laser scan, touch scan or other measurement...
Quickie: ESI’s Q3 goes to plan
ESI yesterday released Q3 results that show ... no real change. The company's reinvention continues. Revenue in Q3 was €28.6 million, up 2% as reported and down 1% in constant currencies (cc). Software license revenue was up 1% (but down 3% cc) to €20.7 million....
AVEVA’s firing on all cylinders in H1, poised for $1B revenue in F2020
Schneider Electric reported results a couple of weeks ago that caused AVEVA (partly owned by SE) to say that everything was going to plan — optimistic but basically content-free. Last week, AVEVA remedied that by offering a flood of detail about its first half of...
Altair’s Q3 soft, guidance for Q4 disappoints — but diversification will boost 2020
Altair reported results last week for its fiscal Q3 and, while they weren’t awful, they didn’t do much to reassure investors about the rest of the year. The details and then some thoughts: GAAP revenue for Q3 was $100 million, up 18% and up 17% in constant currencies...
Quickie: Siemens gets into material science with MultiMech
Goodness: Two acquisitions in one week. They have been busy! Siemens just announced that it will acquire MultiMechanics, Inc., maker of the MultiMech suite of material analysis tools. MultiMech uses finite element methods to do microstructural analysis, "strongly...
Quickie: Siemens adds Atlas 3D to 3D printing bench
Siemens announced yesterday that it will acquire Atlas 3D, Inc. before then end of November. Atlas 3D makes Sunata, software that helps designers optimize print orientation and support structures for direct metal laser sintering (DMLS) printers via sophisticated...
Quickie: ANSYS beats expectations in Q3
I'm battling the flu/plague/chest infection/dunno so this has to be written between sneezes and coughs. I'll be more thorough after I've listened to the earnings call. ANSYS reported Q3 revenue and earnings ahead of their own forecasts, with non-GAAP revenue of $346...
Quickie: Hexagon’s Q3 dragged down by electronics woes
Hexagon just reported results for the third quarter -- and they're not awesome: Total revenue was up 1% as reported to €956 million but down 3% in constant currencies/on an organic basis (cco). That's about 1% slower growth than expected, though cost controls helped...
Quickie: ANSYS snaps up Dynardo for PIDO
ANSYS just announced that it is will acquire long-time partner Dynardo, maker of optiSLang, a process integration and design optimization (PIDO) tool. I first became aware of Dynardo years ago, when it presented at a conference about the work it was doing in...
Quickie: DS gets closer to Medidata, reports CQ3 revenue up 11%
(This is the last one today, I promise!) Dassault Systèmes just reported Q3 results that have non-IFRS total revenue up 10% to €914 million and software revenue of €798 million, up 11% as reported. The press release mentions some big wins as well: DS reports that...
Quickie: AVEVA reports positive momentum in CQ3
Schneider Electric reported Q3 results today, so AVEVA (partly owned by Schneider Electric) also issued a quick statement about its progress in the six months ended September 30. The company said that it "achieved low double-digit" (constant currency) revenue growth,...
Quickie: PTC’s Q4 revenue up 7%
This is going to be very quick, because I haven't had time to listen to the earnings call replay -- but I can report that PTC saw total revenue up 7% (up 9% in constant currencies) in its fiscal Q4 to $335 million, beating Wall Street's expectations. That, plus the...
