Autodesk beats expectations – by a lot
Autodesk reported second quarter result that were far better than many had expected, sending the shares up 4% in after-hours trading on Wall Street. The company reported revenue of $473 million for the quarter ended July 31 2010, an increase of 14% over last year and...
Autodesk Q2: My $.02
A lot has hit the media in the last few days about what exactly Autodesk will report on Thursday, when it makes public its Q2 2011 results. Its share price has gone up and gone down on the “news”, much of which has been correct, but some ... not so much: • Autodesk’s...
ANSYS reports good Q2, sees volatility ahead
ANSYS reported Q2 results today that met the company’s earlier forecasts but foreshadowed a coming slowdown. Total revenue for Q2 was $137.8 million, up 12.9% from $122.0 million a year ago and up 15% for the year-to-date -- showing the same slowing that was reported...
Hexagon reports Intergraph deal on track
Hexagon announced earnings results today that show it is progressing nicely in its present business: Q2 revenue was up 16% due to a pick up in the pace of recovery in its NAFTA and EU regions. (An aside: it’s nice to see recognition that the US is not the only market...
DS beats in Q2, sees slow Q3
Dassault Systèmes reported total revenue of €386 million on an IFRS basis (think GAAP, but in Europe), up 24% from a year ago on strong software revenue growth of 28%. Favorable exchange rates contributed roughly 6% of growth across the board. IBM’s contributions are...
PTC reports solid Q3, worries about Q4
PTC announced fiscal third quarter results on July 28 that were strong in retrospect but not so hot on futures. FQ3 results were above the revised guidance issued last month: Total revenue was up 7% over last year revenue at $243 million, led by license revenue growth...
MuM sees recovery continuing
Mensch und Machine, one of Autodesk’s largest resellers in Europe, announced second quarter results today that show a continuing economic recovery -- slowly but surely. Total sales for the second quarter (ended June 30) were €45.6 million, up 23% from a year ago,...
Buy buy buy: LMS buys one, sells one
LMS International announced a pair of transactions on Friday that fine-tune its product portfolio and refocus it on its core Test.Lab, Virtual.Lab and Imagine.Lab offerings. It has sold its Noesis Solutions subsidiary and the OPTIMUS product line to Cybernet Systems...
Hexagon: combining the measured and representational
I had seen Intergraph PP&M perhaps acquiring a laser scanning company, but not a metrology company buying all of Intergraph, so yesterday’s news was quite a surprise. Digging into the acquisition a bit more resolves some questions but raises others.Hexagon has...
Bentley also on a buying binge!
The greater AEC world certainly is rocking the news today.Hard on the heels of Intergraph’s acquisition by Hexagon AB, Bentley Systems, Incorporated announced that it has acquired a minority interest BLUERIDGE Analytics, Inc., maker of SITEOPS, a site design...
Hexagon acquires Intergraph for $2.13 Billion
Well, it’s finally done.Intergraph Corporation today announced it has signed a definitive agreement to be acquired by Hexagon AB in a transaction valued at approximately $2.125 billion.For a quick refresher, Intergraph was taken private in 2006 by an investor group...
AVEVA: On track, North America “subdued”
AVEVA today issued a statement about business conditions during the just-ended June quarter. Like Autodesk during its Investor Day, AVEVA sees gradual improvement in the global economy. During the quarter, AVEVA saw strength in the oil and gas sector, especially in...
It’s a wrap: Siemens PLM Connection
Just back from several days at Siemens PLM Connection, the company’s user-run annual conference. This year’s theme was managing complexity: globalization, regulations, competitive pressure -- each layer adds more information, more requirements, more team members to...
Highlights from Autodesk’s Investor Day
Update: Autodesk held its annual Investor Day today. The event was 4 hours long, so these are some of the tidbits I found most interesting: • Autodesk says that FQ2 business is good and is raising the bottom end of its second quarter business outlook from revenue of...
DS expands its embedded systems capabilities
Amid all of the buzz on the latest version of V6, this one almost got lost: Dassault Systèmes yesterday announced the acquisition of its latest technology tuck-in: Geensoft, provider of embedded systems development solutions, for €5.5 million. Geensoft delivers tools...
ESI reports slight decline in FQ1
ESI Group reported yesterday that sales for the first quarter of FY2011 were €16 million, down 3% from a year ago on a decline in services revenue that was not offset by slightly higher license sales. License revenue was €11 million euros, essentially flat when...
Building the perfect board
AVEVA today announced that Philip Dayer, a member of its board of directors, has been named a non-executive director of JSC KazMunaiGas EP, the Kazakh onshore exploration and production company.Why is this significant? Mr. Dayer (whom I’ve never met) is an investment...
Dassault Systèmes expands its footprint
Dassault Systèmes announced yesterday that it had acquired Exalead, a French company best known for providing CloudView technology that powers websites such as ViaMichelin, Carlson Wagonlit and RealTravel.com. For ViaMichelin, for example, CloudView combined dynamic...
Ed Miller: An appreciation
I received word today that Ed Miller, President of CIMdata, has died after a relatively short illness. I have known Ed for many years, as engineering software analysts tend to travel in packs to vendor events around the globe. Ed was funny, charming and, above all,...
AVEVA starts spending
Just last week AVEVA announced results and a dividend that left it with plenty of cash to spend on building out its offerings and sales/support capacity. Today the company formally announced that the spree is underway, announcing two acquisitions.The first will extend...
