Quickie: Rockwell invests $1 billion in PTC for IoT & smart factory
This is big: PTC and Rockwell Automation just announced that Rockwell is making a $1 billion equity investment in PTC, as part of a strategic partnership aimed at accelerating growth for both companies. You can see IoT written large all over...
Altair to sell more shares in follow-on to last year’s IPO
Altair has only been public for a couple of months but today announced that it's filed the paperwork for a follow-on public offering of 5,600,000 shares of its Class A common stock, 3,292,580 shares of which will be offered by Altair and...
Hexagon grows in autonomous
Hexagon has quietly been building out a solid set of assets that get it ever-closer to the coming autonomous world, starting waaay back when it acquired Leica and Intergraph and, last weekend, announced its intent to add AutonomouStuff (great company name,...
Autodesk’s FQ1 a “good start”, call all about cloud, construction
So here's the thing about public companies: they're stuck in an endless loop of setting targets, having others adjust those expectations to suit their own needs, and then either meeting or not meeting other people's forecasts. Autodesk last...
Quickies: Autodesk invests, Hexagon acquires, a VAR business moves
It's been a time of transactions in our little corner of the world. Here's a quick catchup: Autodesk's Forge fund keeps rolling along in the world of AEC, announced its fifth investment in a construction technology supplier in a year. This time, it's eSUB....
Altair tops targets in Q1, acquires rest of FluiDyna
Altair made several significant announcement over the last week, culminating yesterday with its first quarter results. Quickly, Altair reported Q1 revenue that beat expectations, sending its share price up a couple of percentage points after...
Bentley’s corporate update: no IPO, no drama, record cashflow
Do you remember 2015? It feels so long ago. Bentley Systems gave us a glimpse into its business progress, calling it an Annual Report. Then came the possibility of an initial public offering (IPO), quiet periods, market watching to figure out timing (do...
Hexagon CEO’s legal saga continues
Hexagon announced on Wednesday that the Norwegian Court of Appeal has decided to accept the appeal launched by the Norwegian economic crime authority of CEO Ola Rollén's unanimous acquittal in January on charges of insider trading. This...
Siemens FQ2 results highlight sharp growth in PLM
Siemens released its fiscal Q2 results this morning -- and PLM software continues to be a bright spot, with frequent mentions of integration into other areas of the business and the opportunities ahead. Siemens said revenue from the PLM...
Hexagon’s diversity helped offset PP&M’s lackluster Q1
Hexagon, another big company getting bigger via acquisitions, announced results last Friday. Hexagon is the parent company of brands such as Leica Geosystems, (Intergraph but now) Hexagon Process, Power and Marine (PP&M), Vero and MSC...
ANSYS Q1 boosted by biggest-ever deal
ANSYS reported Q1 results last week that blew past most estimates and forecasts because the company is starting to reap the benefits of its big-ness. Recall that It has gone from mechanical FEA (ANSYS) to adding CFD (Fluent) to including EMAG...
Altair acquires, extends its Carriots IoT the the edge
The pace of news this week ... Altair Engineering just announced that it has acquired the intellectual property of CANDI Controls, Inc. and hired CANDI’s software and technology team. I hadn't heard of CANDI Controls before, so did a little...
Siemens + Sarokal > 5G. And, what’s 5G?
A while ago, Siemens announced that its Mentor Graphic business was buying Sarokal, makers of software and hardware used in developing and testing 4G and 5G telecomms infrastructure. I didn't know what that meant and so the good folks at Mentor...
Might AEC lead the way for manufacturing in subs and cloud?
We're deep into earnings season and, so far, results have been positive: buyers are wrapping their heads around subscriptions in our broader PLMish universe and markets, vertical and geographic and by channel, seem to be doing well. A couple of...
Bentley ups its game in geotechnics with Plaxis, SoilVision acqs
For much of the last 25 years, Boston was a construction site. The Big Dig project put an elevated highway under ground, to improve traffic flow and create green space where the roadway had once divided the city. What many people didn't...
DS: Industrie 4.0 is old news; makers and innovators will rule tomorrow
Dassault Systèmes just announced Q1 results, and they are mostly positive. As with each release, there are various accounting treatments, as-reported and constant currency, grouped-together buckets of revenue ... I suggest that you dig through...
Quickie: Trimble acquires Viewpoint for $1.2 billion
Just into my inbox: Trimble, makers of all sorts of software and hardware targeted at the broader AEC market is acquiring Viewpoint, which makes construction management software. More on this tomorrow, but Viewpoint fits perfectly (with some overlap) into...
Quickie: MuM announces most profitable quarter ever
What trough? As a reminder, we look at Mensch und Maschine to gauge how resellers are faring as Autodesk transitions to subscriptions -- and MuM is on the upswing with its Q1 2018 report. Per its announcement, "While the [proprietary MuM]...
PTC’s FQ2 featured ‘strong’ CAD, PLM performance
PTC announced results on Wednesday that were, in a single word, impressive. Growth across most revenue categories, product lines, channels — and with positive outlook for the rest of 2018, too, which means no deals were pulled from the future...
PLMish earnings kick off with solid reports from PTC and AVEVA
PTC started things off on Wednesday evening, with a report that exceeded expectations. Fiscal second quarter revenue was up nearly 10%, above the high end of the company's guidance as well as Wall Street expectations. I'm working on a longer...
