PTC embeds MKS
Last week PTC announced its intention to acquire MKS, Inc. of Waterloo, Ontario, a supplier of tools to manage the lifecycle of embedded mechatronics software, for CDN$26.20/share or CDN$292.5 million in total (about $304 million at current exchange rates). PTC will...
Bentley engineers the wind
Last month Bentley Systems announced the acquisition of the SACS business from Engineering Dynamics, and most people said, who? There wasn’t time then to answer the question, but today we can catch up a bit. Engineering Dynamics, Inc. was founded in 1973 by three...
Autodesk simulating forward
I had the chance recently to talk with Autodesk about its plans for CFdesign, the evolution of Autodesk’s simulation portfolio and how the Blue RIdge Numerics team adds significant gravitas and expertise to drive the whole forward. Scott Reese, Sr. Director of the...
CENIT: DS, PLM drove 2010 success
CENIT AG today gave further details about its performance in 2010 and a hint of where it sees 2011 going, now that we’re 1/4 of the way into the year. The main facts from the February announcement (summarized here) are essentially unchanged, although audited revenue...
Nemetschek optimistic, raises dividend
The good news keeps pouring in: Today Nemetschek reported its final figures for 2010 and tweaked its guidance for 2011. Back in February, the company had forecast a 10% organic growth rate for 2011, which the company today said it will achieve by “driv[ing] forward...
Delcam bounces back
Delcam plc announced back in early January that its fourth quarter was a “buoyant” end to a good year -- yesterday, we found out just how good: For the year ended December 31, 2010 Delcam achieved record sales (£36.6 million, or about $59 million, up 17% over 2009)...
Autodesk: “We’re no longer a CAD company”
Autodesk has had a very busy week. On Monday the company launched its 2012 line of products, concentrating on small, bigger and biggest bundles targeted at specific user functions. Today, the company’s Manufacturing group held a webinar to present this segment of...
MuM sees significant improvement in profit
Mensch und Maschine Software (MuM) today provided final, audited financial data for 2010 and updated guidance for 2011 and 2012. Nothing much changed in the data for 2010 (blog post on preliminary results), but the company’s share price is up almost 10% on the news,...
Quick Hits: Intercim, AVEVA and SofTech
Lots going on this week, so here’s a quick roundup - I hope to get to longer posts on some of these next week. Dassault Systèmes acquires Intercim LLC Intercim, maker of manufacturing operations management systems software for the aerospace and defense industry, had...
ESI: 2010 was “buoyant”
ESI Group reported unaudited results today that highlight 30% growth in new business intake in the fourth quarter and what the company described as a “surge” in the emerging BRIC markets. In all, ESI described 2010 as exhibiting “buoyant” growth.The details: • Total...
DS update: offerings for a growing market
Dassault Systèmes’ Al Bunshaft, Managing Director of DS America, today held the first of a series of update calls for industry analysts. The call reiterated DS’ focus on growing its brands and tweaking its sales channels to reach an ever-greater addressable market and...
Bentley growing for the future
Bentley Systems, a privately held company focused on creating solutions for the AEC market, took the unusual step yesterday of holding a conference call to discuss some aspects of their 2010 results. The highlights are revenue growth of 6%, a return to 2008 revenue...
Mentor: great results, takeover speculation
In the flurry of earnings releases last week came the following from Mentor Graphics: For the full year that ended on January 31, 2011 Mentor reported revenue of $915 million, up 14%, and for the fiscal fourth quarter, the company reported revenue of $307 million, up...
Intergraph PP&M thrives
There are a lot more than six sides to Hexagon AB, the Swedish holding company that last year added Intergraph to its portfolio. Hexagon’s network of nearly 50 subsidiaries focus on measurement and design of objects as small as microchips and as large as power plants...
ANSYS: We’re optimistic and hiring
[Note: ANSYS provided additional information on its results last week; below is a hybrid of my original post and the updates. Many thanks to Annette Arribas, Investor Relations and Global Insurance Officer for ANSYS, for her quick response to my questions. -- Ed.]...
Autodesk reports, investors like a lot
Autodesk last night reported results that were nothing short of terrific. As CEO Carl Bass said during the earnings call, “After navigating through the biggest economic downturn in Autodesk history, we're now experiencing a healthy recovery and achieving record...
ANSYS reports, investors happy
ANSYS reported results today for the fourth quarter and fiscal 2010 that are middling from a growth perspective, but handily beat profit expectations, leading happy investors to raise the share price nearly 4% in pre-market trading.Total revenue in Q4 was $167...
Autodesk adds CFdesign to its quiver
Big news: Autodesk announced that it has signed a definitive agreement to acquire Blue Ridge Numerics, Inc., maker of the CFdesign computational fluid dynamics software, for approximately $39 million in cash. The transaction is subject to customary closing conditions...
Nemetschek “Back on Track”
Nemetschek, one of Europe’s largest suppliers of solutions for architects and the building industry, reported today that revenue in 2010 grew by 10% to €150 million. This returns the company to 2008 levels -- and the outlook is good, meaning that Nemetschek, at least,...
DS announces banner 2010, cautious for 2011
2010 was a big year for Dassault Systèmes as it tightened control on its distribution network by buying IBM PLM, closing the biggest acquisition in DS’ history. Did this distract management? Lead to complications in merging sales teams and assigning territories and...
