Schnitger Corporation

Strategic Discovery — Market Research & Insight

Bentley’s IPO. Done. Finally.

Bentley shares started trading under the BSY symbol at around 11:15 on Wednesday. Someone told me that the bookmaker, the brokerage firm that handles trading of the shares, had to determine the opening price, which I thought would be the price Bentley set last night,...

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PTC acquires ioxp for cognitive AR

I saw this on Ralf Steck's blog just now and verified it on PTC Germany's website: PTC has acquired German start-up ioxp to for its cognitive AR and AI technologies. Ralf says that ioxp is a spin-off of the German Research Center for Artificial Intelligence (DFKI) and...

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Quickie: Bentley IPO now at $22/share

I am no expert at IPOs but this seems unusual to me: Bentley's offering had originally set a price range of $17 to $19 per share, then yesterday that range was upped to $19 to $21 -- and then last night, it was again raised, to $22/share. That means the selling...

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Quickie: Bentley raises price in IPO

How interesting: Bentley just filed with the SEC to raise its price per share from $17 to $19, to $19 to $21 -- that ups the value of the shares being sold to a max of ​ $259,580,811. Why raise the offering price? Typically, it's because there's more demand for the...

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Altair adds Univa to its HPC offering

Altair just announced that it has acquired Univa, a maker of workload management, scheduling, and optimization solutions for high-performance computing (HPC), on-premise and in the cloud. Altair says Univa's Grid Engine is a distributed resource management system that...

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ESI Q2 revenue slowed, company sets up for growth

ESI Group reported Q2 results yesterday, to round out our PLMish earnings for the quarter ended June 30, 2020. First the details, then some comments: Total revenue in Q2 was €26 million, down 13% as reported and down 14% in constant currencies (cc)License revenue was...

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Bentley files its IPO — again. Finally.

So much S-1 to read ... so little time. You can see the filing for yourself here. A couple of quick highlights from the front of the document: This is an IPO for shares owned by others, as a way of creating a liquid market for Class B shares. Bentley states upfront,...

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FARO buys Traceable 3D

Superquick: FARO Technologies just announced that they've acquired Advanced Technical Solutions in Scandinavia AB ("ATS"), maker of Traceable 3D, which combines measurement, technology, and methodology in a single workflow. The point? Repeatable data capture and...

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AspenTech continues trend of good PLMish news

We're learning a lot about what works and what doesn't when a global pandemic hits -- there's no guarantee that this will work next time but, so far: low-touch subscriptions sales and renewals, anything that lets people work remotely, and risk reduction technologies...

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AVEVA says it’s in talks to acquire OSIsoft

It’s been rumored for a while that Schneider Electric is thinking about acquiring OSIsoft; today AVEVA said in a press release that it was in talks for the deal. (Schneider Electric owns most of AVEVA.) If you're just tuning in to this news, OSIsoft makes PI (Plant...

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