Sallinger of PPM, another long-time PLMish CEO, steps aside
Hexagon today announced that Mattias Stenberg has taken over as President of the Process, Power & Marine (PPM) business, succeeding Gerhard Sallinger, who has been appointed Senior Vice President of Strategic Alliances for Hexagon. Mr. Sallinger, who has been with...
Siemens bets big on software, all across the AG
Quick: what do you think of when I say "Siemens"? Since you read here, probably PLM, and that makes sense. But Siemens AG is so much bigger than the PLM part of the business, encompassing energy, medical diagnostic systems, manufacturing automation equipment, trains...
MSC snaps up SC/Tetra’s parent company
While we were all off sipping warm beverages, MSC Software made what was probably the last PLMish deal of 2016 when it acquired Software Cradle, makers of the SC/Tetra CFD software. On December 15, according to Asian media outlets and confirmed on the Cradle website,...
Nemetschek snaps up dRofus
Nemetschek, the holding group for the Nemetschek, Graphisoft, Allplan, Solibri and other AEC-focused brands, announced today that it is acquiring dRofus AS, a Norweqian provider of BIM planning, data management and collaboration tools. I am not aware of dRofus, but...
To a joyous 2017!
Dear everybody, We're closing out 2016 with a few more blog posts and some Glühwein (German mulled wine, yum) but know that many of you are heading out on your year-end holidays. We wish you and yours a happy ending to 2016 and nothing but the best for 2017. Thank you...
Quickie: Dassault Systemes acquires Xflow
Dassault Systemes just announced that it has acquired Next Limit Dynamics, whose CFD solution, XFlow, is used across industries for an undisclosed amount. The press release says that Next Limit had revenue of about €1.6 million in 2015. Recall that DS famously said it...
ESI’s Q3 shows continued momentum
It looks like things may finally be coming together for ESI. Q3 results, released a few weeks ago, show that the company is reaching new customers, deepening relationships with longtime customers -- and partnering with a leading research institute to commercialize new...
The IT gremlins have not been kind …
Apologies if you tried to use the schnitgercorp.com website over the last 24 hours; we had a few glitches that, we think, are now fixed. Please let us know if you run into anything weird -- we're still doing QA.
Autodesk’s FQ3 shows the upsides –and downsides– of change
Autodesk surprised investors yesterday when it reported positive movement on any number of fronts during its fiscal third quarter. But weaker than expected guidance for Q4 will dampen investor enthusiasm. The highlights: Total revenue was $490 million, down 18% as...
#AU2016 bridges point/platform, individual/teams, old/young
Have you ever been to AU? I've been to perhaps 10 or 15 --tend to lose count after the first 5 or so-- and they continue to captivate. This year's was the usual combo of showbiz and nerdly, huge and more contained, general and targeted. We went from the relatively...
Bentley #YII2016 recap: still independent, focused on making AEC sing
Bentley Systems' annual Year In Infrastructure (YII) conference is a big deal -- a thousand high-level attendees, important topics, world-class projects and presenters, and ... well, a banquet. How many events do you go to with a banquet? Before the glitz and glamour...
Quickie: Siemens snaps up Mentor Graphics
A couple of weeks ago, news broke that Mentor Graphics was "exploring options" -- and the speculation started about who would acquire the maker of EDA and simulation software. (Recall that they acquired FloEFD maybe 10 years ago.) Well, now we know: Siemens. Siemens...
SEU16: CAD deep dives, 3D printing & more
SEU, Solid Edge University, has always been a true user event. There are deep dive sessions on how to CAD better and faster, getting started with data management (never called PLM here) and prep for and take certification exams. Hands-on classes. Round tables where...
Quickie: Bentley and Siemens draw ever closer
Siemens AG and Bentley Systems announced that they're broadening their strategic alliance by initially investing "at least €50 million" to develop joint solutions that "enlarge their respective offerings for infrastructure and industry to the benefit of the...
Quickie: Ola Rollén back as CEO of Hexagon
After being detained for over a week on suspicion of insider trading, Hexagon CEO Ola Rollén has resumed his official duties and started making a public case for his innocence. During a conference call today, Mr. Rollén explained that he does a lot of investing...
Quickie: ANSYS Q3 a bit light, sees modest growth in 2017
ANSYS just reported results for Q3 that were a wee bit light on revenue and a bit tentative on 2017 -- but, overall, not bad. And there's an acquisition, too. First, the details: Total revenue was $246 million, up 3% as reported and up 2% in constant currency (cc)...
AVEVA lets the good times roll
New Orleans, the Big Easy. Mardi Gras floats and beads, a "laissez les bonne temps roulez" readiness for anything. The French Quarter. Great food. Hurricane Katrina and its aftereffects, still felt 11 years on. And, for a few days recently, home to an AVEVA World...
Quickie: Hexagon CEO investigated for insider trading
Let's not make more of this than we know, which isn't much; Hexagon CEO Ola Rollén has been detained while under investigation for insider trading stemming from his personal investment process. Hexagon says that Mr. Rollén’s lawyers believe that "the charge is based...
Nemetschek’s Q3 results reinforce topline growth ambitions
A couple of weeks ago, Nemetschek teased that its 2016 results would be better than expected and, on Friday, showed us why. First, the details: Total revenue in Q4 was €84 million, up 19% as reported. Organic revenue was up 15%. License revenue was €43 million, up 19%...
Quickie: GE abandons offer to buy SLM
I wrote in September about GE's strategy to acquire German company SLM, maker of 3D printing machines, as part of an effort to build a $1 billion additive manufacturing business by 2020. It appears that Elliot Management (which you may remember as a long-time activist...
