Autodesk nabs netfabb to boost 3D printing
Not a dull week -- not at all. Autodesk just stepped up its game in 3D printing by saying it intends to acquire netfabb, a German software company, and by making a strategic investment in netfabb's parent company, FIT Technology. netfabb makes software that creates...
Onshape raises another $80m, well ahead of schedule
Onshape announced today that it has raised another $80 million in new equity financing in a new round led by Andreessen Horowitz and with existing investors New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners upping their...
Siemens PLM Catchbook is the tip of the iceberg
Siemens PLM is big, really big, with thousands of employees, dozens of product lines, 8 target industries, and lots of messages to convey in a 3+ day-long analyst event. I’ve been trying to come up with a single theme, or story to tell that ties it all up neatly for...
ESI Q2 revenue up 8% on strong license growth in installed base
ESI Group just reported results for the second quarter of its fiscal year -- and it was an overall mixed bag, with some pockets of solid growth. Revenue for the quarter was €24.3 million, up 8% as reported and up 2% in constant currency and using a similar group...
Bentley acquires e-on, CG for nature
Bentley Systems,just announced that it has acquired e-on software, a French company that makes computer graphics technology specifically for natural environments. Think Minions (which I loved) or How to Train Your Dragon (didn't see), and you're on the right track....
Quickie: Hexagon acquires EcoSys for AEC project control
I'm at the Siemens PLM analyst conference in Boston this week, but need to let you know that Hexagon is acquiring EcoSys to further its strategy of addressing broader AEC project challenges. EcoSys helps customers capture and manage project information related to time...
Exa’s Q2 shows good progress
Exa reported results last week that show good progress, if not stellar growth. Total revenue in Q2 was $15.5 million, up 4% as reported and up 15% in constant currencies — more or less in line with prior guidance and Wall Street’s expectations. The details: License...
Accelerate 2015 tackles PLM, one bite at a time
The end of summer, warm days, cool nights, Boston harbor all around. Hard to focus on PLM, right? But 300 of us managed it, inside the Seaport Convention Center at Accelerate 2015. We were treated to dozens of presentations by Autodesk PLM360 users and Autodesk...
An appreciation: Steve MacDonald of CD-adapco
An incredibly sad email just came across the transom: CD-adapco announces the death of one of its founders, Steve MacDonald. Mr. MacDonald was smart, funny, abrasive, did not suffer fools, could be very kind and was a great guy to sit with and just ... chat. He was...
Quickie: On Autodesk subscriptions & perpetuals
I'm still working on a longer write-up of Accelerate, Autodesk's PLM event earlier this week, but need to weigh in on news that I've seen a bit mis-characterized: Autodesk yesterday announced that it will no longer offer perpetual/maintenance licenses for most of its...
Quickie: ANSYS acquires to add to EMAG offering
A quick update since I’m still at Accelerate, Autodesk’s PLM360 user event: ANSYS just announced that it has acquired the assets of Delcross Technologies to add to its electromagnetic simulation and radio frequency system analysis offering. Not something I know much...
Autodesk’s Q2 highlights that change is hard
Autodesk reported results on Thursday that highlight exactly how hard it is to predict the transition from boxes/perpetual to subscriptions/ratable. Given all the moving pieces, the Q2 results weren't awful but the share was still down...
PTC invests in ServiceMax to expand ops, R&D
PTC is putting more of its money into building a thriving Service Lifecycle Management business, taking part in an $82 million Series-F round of funding for ServiceMax. ServiceMax, which makes cloud-based field service management apps, has...
Pardon our appearance …
You may have noticed that the Schnitger Corp. website looks a little …. different …. today. We’re redesigning it to make it cleaner and neater, and easier to use as a reference. Please bear with us during these changes, and let us know if you can’t find...
Hexagon rides diversification wave, Q2 up 5%cc
Hexagon, the parent company of Intergraph, Leica, Vero and other brands you know, reported Q2 revenue of €781 million, up 23% as reported (hold on -- the devil is in the details) and a tad ahead of expectations. On an organic, constant currency basis (cc),...
ANSYS’ Q2 shows steady pace
ANSYS today reported Q2 revenue of $235.5 million, smack in the middle of its prior forecast of $230 million to $238 million and about $1 million ahead of Wall Street consensus. That's good, and the news sent the share price up about 2%; after the earnings call, it...
Nemetschek’s Q2 up 34%, boosted by Bluebeam
Earnings season continues to roll, with many IT and industrial companies reporting this week. So far, foreign exchange seems the dominant factor for many: fluctuations can cause companies to miss their targets purely because of the math and it can make goods and...
PTC’s FQ3 a story of big deal misses and IoT growth
As PTC announced a few weeks ago, fiscal third quarter (FQ3) revenue was $304 million, below the company forecast of $306 million to $311 million. What happened in the quarter to cause revenue to be below expectations? It comes down to two things: PTC’s reliance on...
Quickie: DS blows by Q2 forecast
Dassault Systèmes reported today that Q2 revenue was €716 million, up 29% as reported (and up 16% in constant currency) year/year. The company had forecast non-IFRS total revenue of around €675 million and just reported non-IFRS Q2 revenue of €723 million. Some of...
MuM reports H1 up 15%, VAR up 10% or so ex-fx
German reseller and software developer Mensch und Maschine (MuM) releases its earnings shortly before other PLM companies and often signals whether the market is doing well -- if the company's Q2 report is anything to go by, it should be a decent earnings season. MuM...
