ESI reports license revenue up 13%
ESI Group today reported results for the first half of 2010 - and they were pretty good, reflecting the general improvement in the end-markets ESI serves. CEO Alain de Rouvray said in a press release, "The first half of the year witnessed a more robust growth, based...
AspenTech Q4 pretty good but still in transition
Aspen Tech last week (finally) announced results for the fourth quarter and fiscal year ended June 30, 2010. If you recall, AspenTech is in the middle of a painful transition, moving customers from a traditional perpetual license model to subscriptions and taking...
SG&I to IGS — Intergraph to create new subsidiary
In the blizzard of information that came out of Intergraph’s user group meeting last week was the announcement that the company will create an independent subsidiary to handle Intergraph’s classified business for the US government, Intergraph Government Solutions...
SGI 1 year later
Schnitger Corp. doesn’t normally cover the financial releases of hardware companies but this one is special: SGI announced financial results on August 31 for its first full year under Rackable’s ownership. (If you recall, Rackable bought SGI and promptly changed the...
Intergraph CEO to step down
Intergraph is holding its user conference this week in Las Vegas -- rescheduled from May when flooding in Nashville cancelled so many events -- and, by all reports, it’s going well. All Points Blog, from Directions Magazine, is covering the event and reported that...
News bits
Sorry, guys -- it’s been crazy. There’s a lot going on the in the greater PLM universe and I wish I had time to offer a cogent analysis each happening, but I don’t. Rather than leave you hanging, here are several of the things I found most compelling last week:...
Rand and Avatech merge in reverse
Surprise! Rand Worldwide and Avatech Solution announced on Tuesday that the companies have been combined in a reverse merger. A reverse merger is often known as a “reverse IPO” because the acquisition of a public company by a private one avoids the costly process of...
Delcam revenue up 12% so far in 2010
Delcam plc, the UK-based CAM supplier, reported results today that indicate that it saw a strong recovery in demand for its products during the first half of 2010. Total revenue was up 12% to £18.1 million -- a new high in 6-month revenue for Delcam. According to a...
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...
