Schnitger Corporation

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Schnitger Corporation

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ESI turns the corner, back to growth in Q1

Catching up on more earnings announcements. Last week, ESI Group reported Q1 revenue of €55.5 million, up 1% as reported and up 4% in constant currencies. ESI has been reinventing itself and first issued guidance to investors during the last earnings call. Q1 2021...

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Hexagon continues to improve; Q1 revenue up 10%

Hexagon reported results last week that were surprisingly good and that --remember that Hexagon doesn't itself issue guidance-- beat analyst consensus. The details: Total revenue in Q1 was €978 million, up 10% as reported and up 11% on an organic, constant currency...

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Quickie: Bentley acquires for iTwin offering

Bentley just announced that it is acquiring sensemetrics and Vista Data Vision, both of which make software for Internet of Things (IoT) applications targeted at infrastructure use cases. Bentley says the companies will "expand the scope of the Bentley iTwin platform...

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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...

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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...

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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,...

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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...

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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...

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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,...

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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...

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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...

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