ESI: CAE Virtual Reality
ESI Group reported today that revenue for the second quarter was up 11% to €19 million, on license revenue growth of 12%. CEO Alain de Rouvray said, “The second quarter saw an acceleration in the growth of our activity, particularly in Europe. Over the first half, the...
MuM sells distribution business
Mensch und Maschine Software (MuM) just announced that it had sold off its software distribution business to the Tech Data Group for around €25 million, about 2/3 of which which will be paid in at closing and the other 1/3 to be paid out depending on business...
Siemens PLM, Boston, Rain
Last week I got to spend several days with the Siemens PLM team at their annual analyst event. Rain poured down outside as the remnants of another hurricane washed by but we were toasty dry inside, taking in over 20 hours of presentations, demos and meetings. I know I...
MSC acquires FFT, Actran
MSC Software today announced that it has acquired the Belgian company Free Field Technologies (FFT), a provider of acoustics and NVH simulation software for the automotive, aerospace and other industries. MSC’s press release says that “bringing FFT together with MSC’s...
Autodesk ramps up its plant offering
Earlier this week, Autodesk announced the release of the Autodesk Plant Design Suite, 3 flavors of integrated apps that support multidisciplinary plant design. You can go here for the details of what is in the standard, premium and ultimate suites packages or to...
What you might have missed, 1 Sept
A lot happened while I was on vacation, and I’m still trying to catch up. A couple more headline-y bits from the overflowing inbox:Spaceclaim 2011+Spaceclaim last week announced the 2011+ release of its eponymous software. This release has a heavy focus on building...
Robots and speed at SolidWorks 2012 launch
I spent yesterday in Concord, Massachusetts, home of the Minuteman, the "shot heard round the world" and other US Revolutionary War sites, but I wasn't there for the history. SolidWorks invited press and analysts to its world headquarters for a preview of SolidWorks...
What you might have missed, 23 August
So I went on vacation last week. And the world of engineering software kept going, perhaps even ramped up a bit even though I wasn’t around to pay attention. Here are a few of the news bits I found most compelling from my time away:SGI acquires OpenCFDLast week SGI...
News roundup for August 12
Last week’s earnings fever has died down, but there were still a couple of items of note this week when much of the northern hemisphere is on vacation: CENIT CENIT reported this week that it saw “increased demand ... especially from the manufacturing industry and from...
Trimble and Hexagon – mixed picture
It was a very busy week of earnings and economic news as global markets tried to figure out how the budget situation in the US would play out. In general, though their share prices were dragged down by larger economic news, engineering software company reports were...
ANSYS Q2 makes investors smile
ANSYS today announced results for Q2 and outlook for the rest of the year that sent shares up by over 5% in early trading on the NASDAQ and finally answering some questions about its Apache acquisition. ANSYS reported revenue for the second quarter of 2011, up 18% to...
New licenses lift Cimatron’s Q2
Cimatron, the Israeli and American CAD/CAM supplier, reported today that total revenue in Q2 was up 19% to $10 million on strong sales of new licenses in all territories and product lines. The company reports that new license sales were up 41% in constant...
Makers, the new super geeks?
Autodesk’s acquisitive ways continue as the company today announced its purchase of Instructables, a website that lets people share their do-it-yourself ("DIY") project ideas. There are many interesting aspects to this acquisition - not the least of which is...
Nemetschek: Web, international key to growth
Not to be left out of the good news bubble in the engineering software world, Nemetschek today reports that revenue grew 11% in the first half of 2011, to €79 million on double-digit increases in license and maintenance revenues. Based on this performance, the company...
DS: balanced growth in Q2
The first thing to note about Dassault Systèmes’ earnings release is that it is a complicated, day-long affair that involves face-to-face meetings with analysts in Paris, interviews with Bloomberg news and other outlets and an analyst earnings telephone call -- all...
PTC Q2 beats – and it’s not due to MKS
Parametric Technology Corp. (PTC) reported fiscal third quarter revenue of $292 million, nicely ahead of earlier guidance of revenue between $275 million and $285 million and up 20% from a year ago. Some of the upside came from MKS, which contributed $6 million in the...
MuM all according to plan
The engineering software public reporting season starts in earnest this week, with Mensch und Maschine (MuM), PTC, Dassault Systemes and Nemetschek releasing information on their second quarter performance and their view of the year still to come.MuM kicked things off...
Acquisition happy!
I spent much of today trying to find a way to write about today's two pieces of news in a unifying, compare-and-contrast kind of way and I couldn't come up with anything. Nada. In both cases, these acquisitions fill technology gaps for their buyers, but that's the...
GPS + drills = Trimble’s vision
Back in May, Trimble Navigation announced that it wanted to acquire Tekla Corporation to build out its vision of a connected construction site. Yesterday the company said that its Finnish subsidiary had acquired over 99% of Tekla's outstanding shares, meaning that the...
FIRST builds the next generation
Friday’s launch of the last NASA space shuttle mission made me think of many things -- not the least of which is just how much people of my generation were motivated by the space program to become engineers, scientists and astronaut-wannabees. (C’mon - it’s OK to...
