DS’s Q1 beat expectations on mainstream strength
Dassault Systèmes reported results for its fiscal first quarter today. There's a lot to unpack, so let's get to the details: Total revenue of €1173 million was up 3% as reported and up 9% in constant currencies (cc), meeting expectations. In general, DS said strong Q1...
Quickie: Siemens adds TimeSeries to Mendix
A busy day just got busier: Siemens Digital Industries Software just announced that it will acquire TimeSeries, which helps partners and customers build industry-specific low-code apps on its Mendix platform. According to Siemens, TimeSeries is already a Mendix...
Bentley acquires Nadhi for project controls, focus on India
Bentley Systems just announced that its Acceleration Initiatives business has acquired India-based Nadhi Information Technologies, a "specialist in project controls, analytics, and decision support for construction supply chains", with a focus on the Indian...
AVEVA’s F2021 basically flat — but optimistic about AVEVA+OSI future; CEO Hayman stepping down
As you know, Schneider Electric (SE) owns a majority of AVEVA shares, so when Schneider announces results they usually say something about AVEVA's results. SE is on a calendar year and talks results every quarter; AVEVA is on a March-ending calendar and talks in...
MuM announced a “pleasing start” to 2021
Get ready -- PLMish earnings really crank up this week. We're off to a good start, with MuM announcing last week that sales aren't yet at pre-pandemic levels but were, even so, good. MuM, more formally Mensch und Maschine Software, (MuM) a CAD/CAM specialist company,...
GRAITEC + StrucSoft boosts independence & readiness for modern AEC build
I often write about Germany's Mensch und Maschine (MuM). MuM is an Autodesk reseller and a software developer in its own right; I've been covering their quarterly earnings releases to better understand how Autodesk resellers did as a large proportion of their revenue...
Aras secures investment from GI Partners
Given all of the recent PLMish acquisition news, it's natural to ask: what about Aras? Turns out, it's going to continue to go it alone -- at least for now. Aras just announced that it has reached an agreement on a "substantial growth investment" from GI Partners, a...
Siemens adds to IC verification offering with the acquisition of OneSpin
There was one more deal yesterday, that I just couldn't get to: Siemens is adding to its IC verification portfolio with the acquisition of OneSpin Solutions from Azini Capital. OneSpin, according to Siemens, is "a strong, fast-growing business [that provides] a broad...
Pointwise acquired by Cadence
It's getting hard to keep up! Just in, an email from Pointwise, the CAE meshing experts: We are happy to report today that Pointwise, Inc. is being acquired by Cadence Design Systems, Inc. (Nasdaq: CDNS), a pivotal leader in Intelligent System Design, building upon...
Autodesk to acquire Upchain PLM
Super quick: Autodesk just announced that it will acquire Upchain, maker of cloud-based PLM and PDM solutions. The acquisition price wasn't disclosed but it appears that the companies expect the transaction to close by July 31, 2021. In an email to industry analysts,...
Bentley adds to its digital cities offering with INRO deal
Bentley Systems just announced that it has acquired INRO Software, a maker of transportation planning, traffic simulation, and mobility visualization solutions. You may recall that Bentley has already acquired and built a few pedestrian and traffic modeling solutions...
Siemens weighs in on 2020 and 2021 — and is optimistic
Last month, I was fortunate enough to speak with Tony Hemmelgarn, CEO Siemens' Digital Industries Software division. Mr. Hemmelgarn oversees much of what we think of as Siemens' PLM business, with brands such as Teamcenter, NX, Simcenter, Tecnomatix, and Mentor (now...
Shapr3D: Cool CAD on an iPad (and now, macOS too)
You probably don't know this about me, but I used to be really good at CAD. A long time ago, after the advent of the PC but before Bitcoin. I used to demo CAD in some of my product management roles. Still, stone age. Today I love talking to CAD people about what they...
3 on a Friday: Procad + Acatec for configs, Autodesk closes Innovyze, Spectris grows its CAE/test platform
Lots of acquisition news this week. I already covered Bentley's expansion in Maximo implementations and Hexagon's into AI-powered CAE -- here are a few more of interest: Ralf Steck pointed out that Procad, a German PLM provider, acquired a majority stake in Acatec,...
Hexagon to acquire CADLM for AI-powered CAE
Hexagon announced that it will acquire CADLM SAS, a "pioneer in powering computer-aided engineering (CAE) with artificial intelligence (AI) and machine learning to revolutionise the impact of simulation in product development processes and lifecycles". CADLM's ODYSSEE...
Super quick: Bentley snaps up another Maximo reseller
You may remember that Bentley acquired The Cohesive Companies IBM Maximo's largest North American reseller, last summer. Well, Cohesive has just acquired Ontracks Consulting, which Bentley says is "a leading implementer of IBM Maximo headquartered in Edmonton,...
3 on a Monday: VELO3D to go public via SPAC, Nemetschek talks subs transition, the Suez Canal is back in business
Wait - it's Monday, not Friday! Yes, that's unfortunately true. Technical issues last week kept us from posting. Things seem to be working well now, but please let us know via the contact form on the About Us page if something is misbehaving. These SPACs are starting...
4 on a Friday: AVEVA+OSIsoft a done deal, MuM’s 2020 leads to optimism, Unity acquires for AEC, Ansoft’s Csendes elected to NAE
What a week! Here are a few more things to know before kicking back for the weekend: On Friday, AVEVA said that it completed its acquisition of OSIsoft. All that's left now is to issue 13,655,570 million shares to Estudillo Holdings, "a company majority owned by Dr....
Wrapping up 2020 earnings with Ansys, Autodesk, and Bentley
I have been trying to get to writing long-form pieces about how 2020 ended for Ansys, Autodesk, and Bentley ever since the companies reported but it’s been crazybusy. We’re nearing the end of March, which means companies will start their earnings cycles all over again...
4 on a Friday: More on Bentley+Seequent, Markforged to go public, US infrastructure grade upped from D to C+, and Renishaw is for sale
Time for a recap of the week, news bits I don't have time to write about in more detail. Let's start with Bentley. Late yesterday, Bentley announced that it would be acquiring Seequent, maker of solutions for modeling the earth deep below the surface; I wrote about it...
