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...
Quickie: Siemens nabs Nextflow for meshless CFD
Siemens just announced that it has acquired Nextflow Software, maker of computational fluid dynamics (CFD) solvers. Siemens says that Nextflow’s Smooth-Particle Hydrodynamics (SPH) solver doesn't require the analyst to create a mesh, making it suitable for non-experts...
4 on a Thursday: 3D Systems divests, Autodesk talks Upchain roadmap, Luxion gains investor & new CEO, Panasonic buys Blue Yonder
So much news, so little time! 3D Systems continues to reinvent itself, announcing this week that it sold off its on-demand manufacturing service to Trilantic North America, a private equity firm, for $82 million, subject to certain closing conditions and adjustments....
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated
There's a lot going on at AVEVA, with the close of the OSIsoft acquisition, the end of a fiscal year, a new CEO, a global pandemic, and the recovery (or not) of the energy and manufacturing sectors -- so this will, by necessity, be a two-part blog. First, a rehash of...
Bentley’s Q1 revenue up 14%, cites SMB progress
Bentley reported results way back on May 11 but I haven't had time to finish a deeper analysis -- so here's a quick piece on those results and a little bit on what it all means. Even more quickly: Bentley's off to a great start for 2021. Some details: Bentley reported...
Procore finally IPOs; valued at $8.5 billion
No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at $67 per share on the New York Stock Exchange....
Siemens to acquire Supplyframe for EDA supply chain, broader digital marketplace
I just noticed that Siemens today announced that it will acquire Supplyframe for $700 million, in a deal that is expected to close sometime before the end of September 2021. I am not familiar with Supplyframe so have asked for more information but here's what the...
Ansys acquires Phoenix Integration & its ModelCenter
Ansys just announced that it has acquired Phoenix Integration, maker of ModelCenter, a tool used by many who apply the principles of model-based engineering (MBE) and model-based systems engineering (MBSE). The point of MBE/MBSE is to automate engineering processes...
4 on a Wednesday: AspenTech mulls partial sale; Siemens, 3D Systems, and Procore acquire (not each other)
There's so much going on that it's time for a mid-week news roundup: You saw that Autodesk completed its Upchain acquisition, so we won't cover that again. But there's much more to go over: Earlier today, Bloomberg reported that Aspen Tech is exploring its strategic...
Quickie: Autodesk completes Upchain acquisition
Autodesk just announced that its acquisition of Upchain is a done deal. Many of you have asked about Autodesk's plans for integration of Upchain and Fusion 360 / Vault / Forge -- and we should start seeing more information, now that the teams can actually start work....
Nemetschek starts strong, Q1 revenue up 12%cc
The Nemetschek Group recently reported Q1 results that point to a recovery in AEC -- and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant currencies, cc) to €158 millionSoftware revenue €55...
Siemens reports software revenue up 5% on demand for EDA & Mendix — improved outlook for PLM
Siemens reported results on Friday that were, overall, decent. Siemens AG reported total revenue in FQ2 of €14.7 billion, up 8% (and up 9% in constant currencies, cc). As usual, not much detail was given about the PLMish part we focus on, but here are some overall...
Altair has a great Q1 on the convergence of CAE, HPC & AI
Altair CEO Jim Scapa started off the company's Q1 earnings call by saying that their vision of the "convergence of simulation, HPC [high-performance computing] and AI [artificial intelligence] driving enterprise decisions is emerging as a clear imperative embraced by...
