Hexagon goes deeper into SaaS, AI, and operations with Innovatia acquisition
Hexagon announced today that it has acquired Innovatia Accelerator Inc., makers of SaaS-based operations solutions for the manufacturing and process industries. According to Hexagon, "Innovatia Accelerator’s flagship solution, AcceleratorKMS, is an AI-based infield...
Autodesk to acquire The Wild for XR
Autodesk just announced that it has signed an agreement to acquire The Wild, makers of The Wild and IrisVR extended reality (XR) solutions. Odds are, if you've attended a recent Autodesk University, you've seen The Wild's work in an AEC session: Autodesk and The Wild...
The VAR economy: Reseller consolidation continues
I don't write about resellers enough -- they are a vitally important part of many users' PLMish experiences, bringing specialized add-ons, training, and other services to make sense of the (sometimes challenging) out-of-the-box capabilities of the products they buy....
Happy Pi Day!
Today is 3.14, also known by nerds everywhere as Pi Day. This is a (totally made up) day on which we celebrate math, mathematicians, scientists, engineers, designers, analysts, and all who spend their lives working to understand the reality that surrounds us. It's...
Super-quick: Spectris calls off Oxford Instruments deal
News came this morning that the acquisition of Oxford Instruments by Spectris is off the table. Spectris' statement says: Whilst ... Spectris continues to believe there is a compelling strategic and financial rationale for a combination of Spectris and Oxford...
The PLMish world steps up to support Ukraine
A number of design, engineering, and PLM companies are helping to up the pressure on Russia to cease fire in Ukraine, each in their own way and in keeping with their country's stated positions. Below is some of what's been made public; many other companies are also...
Altair snaps up Powersim for electronic systems design
Altair just announced that it has acquired Powersim, makers of simulation and design tools for power supplies, motor drives, control systems, and microgrids. I've come across Powersim for PSIM, their motor drives product -- according to Altir, it "delivers unbeatable...
ESI set for reinvention with 2021 up on all metrics
I've been telling you over the last few years that ESI is working on reinventing itself -- going from a services-oriented, our-people-will-find-us mentality to a company that's more outward-facing and market-responsive. That's embodied in ESI's OneESI 2024 strategy,...
Totally OT — but perhaps useful: World Central Kitchen
I've been horrified by the news coming out of Ukraine and truly hate the fact that news outlets never tell you what you can actually DO to help the people featured in the stories they publish. A little bit of internetting leads to all sorts of efforts to donate to...
Spectris in talks to acquire Oxford Instruments
Spectris said today that it is in discussion to acquire Oxford Instruments. Spectris, you may remember, is the parent company of HBM nCode, makers of durability and performance analysis software; ReliaSoft, makers of reliability engineering software and VI-grade, a...
Hexagon goes big, spends $1.2 billion on ETQ, maker of quality & compliance solutions
Hexagon just announced its intention to acquire ETQ, makers of SaaS-based quality (QMS), environment, health and safety (EHS), and compliance management software. I am most familiar with the ETQ solution, Reliance, which manufacturers use to automatically collect and...
5 on a Tuesday: Quick updates on Autodesk, Cadence, Dassault Systèmes, Lectra and Trimble
Autodesk sometimes makes small technology acquisitions known via its various blog platforms -- and did so again, saying that it has acquired Prodsmart, a "maker of software for optimizing manufacturing processes with automation and digitization from the shop floor...
AVEVA gives trading update: all to plan
AVEVA issued another one of its terse trading updates, saying that revenue declined "in the low single digits" from a year ago in the fiscal third quarter of 2022 (ended December 31, 2021), "given a very strong comparator in the prior year that included the benefit of...
Altair gets into PLM with Cassini acquisition
Altair just announced that it has acquired Cassini Systems, a cloud-native PLM platform. Cassini does many of the things you'd expect a PLM to do -- vault, manage collaboration, etc.-- but perhaps a deciding factor was its modern architecture and compliance with...
Siemens orders ahead of plan, SaaS booming
Ah, Siemens. If you thought Hexagon was complicated, buckle in. Siemens AG just reported fiscal Q1 2022 results, and we're going to roll that into a recap of fiscal 2021. There's a lot of ground to cover, so let's get going. Siemens AG reported fiscal 2021 results...
Hexagon’s solid Q4 sets up digital reality focus for 2022
Hexagon announced its fiscal 2021 results last week and some management changes this week. A quick recap of the news, then some thoughts: For Q4, Total revenue was €1,217 million, up 7% on an organic constant currency (occ) basis and up 17% as reportedBy business...
Nemetschek gets AEC earnings off to a strong start
Nemetschek reported last week that its Q4 and fiscal 2021 results exceeded the guidance it gave for 2021 -- which had already been raised in July after a boffo first half. Final results for 2021 will be announced on March 22, but here's what we know and can guess...
Flow Science acquired by owner of MAGMA and SIGMA
Dr. Flender Holding GmbH announced this week that it acquired 100% of the shares of Flow Science, Inc. in December 2021. Flow Science makes Flow3D, but Flender who, you might ask? (I certainly did.) Turns out that Flender Holding also owns MAGMA Giessereitechnologie...
PTC’s F22 is off to a solid start, with momentum expected to accelerate
PTC kicked its fiscal year off on a high note, with many metrics ahead of expectations. The facts, then some thoughts: Revenue in Q1 fiscal 2022 was $458 million up 7% (up 8% in constant currencies, cc)Recurring revenue was $405 million, up 5%Perpetual license revenue...
5 on a Friday: Construction app sees investment; earnings from AspenTech, Rockwell, SAP, Software AG
Interest in digitizing the construction industry remains high. On Monday, ConstructSecure announced that it secured a $96 million investment led by Summit Partners. "The investment will help enable further product development and support ConstructSecure's expanded...
