MSC gets into CFD – in a big way
I’m on the road --so this needs to be brief-- but you need to know that MSC announced today that it has entered into a strategic agreement with Next Limit Technologies (you likely know of their Maxwell Render product for visualization and effects) to market, sell, and...
Autodesk revenue up 11% in Q1
Autodesk reported on Thursday that revenue grew 11% in its fiscal first quarter, led by a 14% increase in sales from the Manufacturing business and by strong sales of its new Autodesk Design Suites, which contributed to 35% growth in Platform suites revenue. On a geo...
Rand reports growth, shareholders like
Rand Worldwide, the entity created last year by the reverse merger of Rand and Avatech, today reported total third quarter revenue of $27.4 million, up handily from the $13.5 million reported by Rand alone a year ago. My notes show that Avatech reported revenue of...
Cimatron profitable in Q1
Cimatron last week announced that it, too, was seeing the benefits of an economic rebound, reporting that fist quarter revenue was up 12% on new license revenue growth of 24% in constant currency. Maintenance, which represents 50% of total revenue, was up 5% in...
CENIT: good Q1, cautious about year
CENIT, the Germany-based reseller and developer of PLM solutions, announced results yesterday for Q1. Like many in the engineering software space, it saw “clear growth” over 2010, continuing the upward trend that started in the latter half of last year. In fact, in...
Hexagon says 2011 off to good start
Hexagon AB today reported an 18% increase in organic revenue but a 77% increase when including last year’s Intergraph acquisition -- which led to a near-doubling of reported earnings before taxes. Hexagon is a complicated business that, in the last year alone,...
Trimble intends to acquire Tekla
Trimble Navigation today announced that it was launching an effort to acquire all outstanding shares of Tekla Corporation. The offer as stated today is for €15.00 per share in cash for a total of €337 million (about $489 million). This is a premium of 52% to Friday’s...
Tekla revenue up 23% in Q1
Tekla, a supplier of AEC software solutions, today announced solid revenue growth in the first quarter -- and then Trimble, a supplier of navigation and surveying solutions, announced that it was interested in acquiring Tekla.First, Tekla’s results; Total revenue for...
ANSYS: Growth amid global turmoil
ANSYS this morning announced that first quarter revenue was up 16% over last year and “was spread across all major geographic regions and among a broad array of industries”. On a GAAP basis, net income and diluted earnings per share increased 31% and 29%, respectively...
AspenTech on track for 2011
Good earnings news continues to roll out in the world of engineering software. Yesterday, Aspen Technology announced fiscal third quarter results that show continued acceptance of the new license model for its aspenONE product suite even as the global economic...
M+M Q1 on target, too
Mensch und Maschine Software (M+M) announced Q1 results today that show that its diversification strategy is working: building up a VAR channel and focusing on the “value add” component is paying off. First quarter revenue was up 14% to €59 million, as all parts of...
Nemetschek’s Q1 on target
Nemetschek AG reported today that revenue grew 10% in the March quarter to €39 million, aided by a 15% increase in maintenance revenue (to €18 million). License revenue grew 7% to €19 million. Said CEO Ernst Homolka, “The new fiscal year has started well. The...
News bits: SAP and ESI
Earnings season is in full spate, which makes it hard to keep up with all of the news coming out of the vendor community. Here are a couple you may have missed: SAP AG SAP confounded investors on Thursday with results that were below expectations for the first...
PTC surprised by CAD growth
As noted yesterday, PTC reported reported second fiscal quarter revenue of $269 million, up 23% from a year ago, driven in large part by growth in the enterprise CAD business. Net income more than doubled from last year’s Q2, at $19 million or $0.16 per share. There's...
PTC FQ2 first view: desktop drove growth
PTC reported results today after the market closed -- yes, that’s two in one day -- and will hold its analyst conference call tomorrow. A quick read of the press release and supplemental material shows that reported revenue of $269 million (up 12%) and non-GAAP EPS of...
DS Q1 first view: SMB growth, acquisitions
Dassault Systèmes today reported results for the first quarter that show that the momentum established towards in 2010 continued into 2011. Total revenue in Q1 was €410 million, up 31% as reported and up 29% excluding currency. New license revenue was up 30%,...
COFES 2011: desert, ideas and horses
For those who have never attended, COFES is hard to describe. It’s a mix of conference sessions, facilitated discussions and informal chats that disrupt those poor folks who came to a resort in the Arizona desert for sun and swimming pools. It’s not about product...
Autodesk’s channel in the suite spot
Autodesk last week invited media and industry analysts to HQ to learn about updates to its channel programs and to hear from partners how last year’s revamp has gone. The changes are both subtle and significant, touching on the offering itself, how Autodesk will...
AVEVA says all’s still ok
AVEVA released one of its cryptic interim statements today, in which it said that fiscal 2011 was “in line with expectations” and that all was “consistent with trends” discussed in an (equally cryptic) January 2011 statement. I shouldn’t pick on AVEVA; this...
Channels, plants and innovation
I am on quite the road trip —won't be back in the office for a few more days— and my head is spinning from all I've learned. The next few posts will be my attempt to recap and set it all into context for those of you not at the Autodesk Channel Summit, COFES and...
