Aras secures investment, poised for serious growth
Aras announced last week that is has secured $40 million in funding in exchange for a minority stake in the company and a board seat. Silver Lake Kraftwerk and GE Ventures partnered for the investment. Aras said it will use the funds to drive...
Quick add to AVEVA + Schneider
A couple of people have gotten in touch about yesterday's post, where I asked whether third time's the charm for an AVEVA/Schneider Electric software deal. It's important to note that: The only thing that could derail this combination now is if AVEVA's...
Yup, it’s a go: Schneider + AVEVA fast-tracked to close this year
Yesterday's news reports were correct: AVEVA today announced that it is combining with Schneider Electric's software assets to create a much larger company, one that would have had total revenue of £658 million in the year ended 31 March 2017. The rationale remains...
Here we go again: AVEVA + Schneider
While many of us Yanks were off celebrating the unofficial end of summer, the British and French were apparently hard at work. The Financial Times and other media report that AVEVA and Schneider Electric are about to announce yet another attempt at a merger --they've...
Quickie: Siemens acquires TASS & gets into self-driving cars
News just broke that Siemens has acquired TASS International, the Dutch company that makes MADYMO, among other things, to bolster its offerings for self-driving cars, occupant safety and other cutting edge apps for the automotive industry. The...
Autodesk’s Q2 signals we may be on the upswing — finally
Autodesk investors are probably a pretty happy bunch today, as last night's earnings release held mostly good news and offered an upbeat look ahead. One word: bottomed. Second word: Maybe. Some of the details (and many more are here): Total...
Quickie: ANSYS continues to roll, Q2 revenue up 7%
ANSYS reported last night that Q2 revenue was up 7% as reported (up 8% in constant currencies) to $264 million. Software revenue was up 6% to of $150 million, while maintenance and services revenue was up 9% to $114.0 million. ANSYS continues...
Quickie: Hexagon’s Q2 shows continued weakness in PPM
Hexagon just announced Q2 results that showed modest growth overall and a decent contribution from the recently acquired MSC Software. PPM continues to struggle, but CEO Ola Rollen said in the earnings material that he expects the business to...
Nemetschek’s Q2 shows AEC demand for tech continues to grow
Nemetschek today reported results that show how the AEC world continues to grow into advanced design and engineering solutions -- though building operations continues to lag behind the rest of the industry. The company says that continued...
Quickie: AVEVA + Schneider unlikely right now
There's so much going on right now, between earnings, acquisitions and other news-worthy stuff, that I keep starting posts and having to move on before I can finish them. I will, I will! When, though ... But many of you are asking about possible...
Quickie: DS catches Boeing, reports Q2 revenue up
Dassault Systemes, never shy about wins, folded an announcement that Boeing will be adopting the 3D EXPERIENCE platform across its commercial aviation, space, and defense divisions. That's likely a big, big deal financially and from a...
Quickie: PTC’s FQ3 suffers from weakness in Japan
It's tough to be PTC. Revenue ahead of expectations, license and subscription bookings not so much, “sales execution issues” in Japan ... weak guidance for the company's fiscal Q4 ... stock gets hammered. A few of the details -- much more here:...
The Thirteenth Doctor is a woman!
Yes, let's get it out there: there are more important things to talk about. Hunger, world peace, inequality -- but this is big too: Today the BBC announced that the Thirteenth Doctor will be played by Jodie Whittaker, a female actor most known...
ANSYS acquires CEI to boost post-processing with EnSight
ANSYS has announced that it has acquired Computational Engineering International, Inc. (CEI), makers of EnSight, a nifty post-processor for Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) simulations. As you might be aware,...
Here we go again: AVEVA+Schneider?
A couple of UK media outlets reported yesterday that Schneider Electric is considering once again making an offer for AVEVA. This is one such report, repeating what was in a Sunday Times (paywall) article. As before, such a deal would make a...
Across Scotland, from the Firth of Clyde to the North Sea
Hi, all -- welcome back! So much to catch up on: Autodesk has a new leader, Hexagon may or may not be for sale (but you know, deep down, that all companies are for sale, always, so last month's news reports aren't really surprising) and more....
DS deepens its bench in naval architecture
News broke this morning that Dassault Systèmes has acquired AITAC BV, a Dutch company that uses the DS suite of products to design superyachts, cruise liners, frigates, tugboats and other smaller ships. As a complement to its services offerings, AITAC devised Smart...
OpenText gets on the IoT bus
I know I'm way behind on event reports but need to let you know about this: Earlier this week, OpenText, the document management and collaboration vendor, announced that it is acquiring Covisint Corporation, a cloud platform for automotive and Internet of Things (IoT)...
Altair moves further into EDA with MODELiiS acquisition
Altair continues to expand its portfolio, yesterday adding MODELiiS, a French supplier of electronic design automation (EDA) software for circuit design and simulation. MODELiiS spun out of an entity called EASii IC, which develops Application-Specific Integrated...
CAE rumbles on: ANSYS, ESI and Exa earnings recaps
Over the last few weeks, CAE companies have released earnings that highlight the growing importance of CAE technology in many companies' product development processes, and the impact these technologies are having on the enterprises that use them. First, key highlights...
