5 on a Friday: Bentley, Cadmatic, FARO, GoEngineer and Graphisoft all acquire
SO much news to catch up on: FARO acquired SiteScape, a maker of low-res iOS LiDAR scanning software that's used in indoor AEC and operations and maintenance applications. Read that again: iOS LIDAR. High-fidelity LIDAR is still essential in many...
YII 2022: Bentley’s evolution nudges a data revolution
Earlier this month, I was lucky enough to attend the 2022 edition of Bentley Systems’ Year in Infrastructure. While much was similar to prior years’ in-person YIIs, a lot was different. There was certainly the simple joy of being together in real life that I’ve...
Quickie: AVEVA shareholders approve sale to Schneider Electric
I hope you had a wonderful, restful weekend! While some of us were enjoying turkey and trimmings, AVEVA's minority owners approved a sale of their shares to Schneider Electric (SE). This ends the story that started when SE first offered to buy part of the company in...
Happy Thanksgiving!
It's been a frantic Fall, so it's lovely to feel things slowing down this week. In the US, Thanksgiving Thursday is about food, family, friends, and being grateful for the bounty in our lives. My list of things to be thankful for is long and includes you — thank you...
Super quick: PTC to acquire ServiceMax for $1.5 billion
PTC just announced that it will acquire ServiceMax in a $1.46 billion deal that's expected to close in January. You've probably heard of ServiceMax; they offer field service management solutions in the cloud. ServiceMax has been a competitor/partner for PTC's own...
4 on a Saturday: travel catchup edition
I've been AWOL the last two weeks, walking the length of the Kennet and von canal in England. Amazing engineering, water control in a place where rain is a given … and beautiful countryside. More on that at some point. While I was walking, the PLMish world created...
2 on a Wednesday: Earnings from Hexagon and Nemetschek
Hexagon and Nemetschek reported results late last week, and I just couldn’t get to them — so here are quick recaps. Hexagon reported total net sales in Q3 of €1,317 million, up 22% as reported and up 7% on an organic, constant currency (occ). Within that €1.3...
ESI’s Q3 shows subs transition ahead of plan
You might recall that ESI held its Live event in September. That was customer-focused, where presenters talked about how the auto, aero, and heavy industries use ESI products to design better and faster. The week after that conference, ESI held a capital markets...
AU 2022: a joyous in-person extravaganza
Last month, Autodesk held its first Autodesk University (AU) in person since the whole COVID drama began. It was both a very familiar event and completely new. New: New Orleans instead of Las Vegas! Being handed a COVID test kit at registration! A NOLA brass band!...
4+ on a Friday, earnings edition: Addnode, AspenTech, Cadence and Schneider Electric
So much news this week! A quick recap: Addnode gets two spaces in this roundup, one for acquisition and the other for earnings. First, the company announced that it has acquired JBL’s Dassault Systemès-related business, which will merge into Addnode’s TECHNIA’s North...
DS’ Q3 shows the challenges in the perpetuals-to-subs transition
If you look at the financial news, you’ll probably see headlines about today’s earnings announcement by Dassault Systèmes that focus on how license revenue was below expectations — and that’s true. But it doesn’t tell the whole story. DS says the miss is due to...
4 on a Tuesday: Stratasys and AspenTech acquire, Samp gets funding, SAP reports
It's only Tuesday, and it's already been quite a week. Here, in no particular order, are newsy bits that I think are interesting: Stratasys, the 3D printer company and owner of GrabCAD, has acquired Riven, makers of quality assurance software. Riven's cloud-based...
MuM adds to PLMish good news
Mensch und Maschine Software says it "remained undeterred on the record track in Q3, achieving the strongest [nine month] figures in the company's history" because of "strong new business for M+M Software, as well as solid renewal business in the VAR segment." Recall...
ESI Live 2022: Moving towards a sustainable digital future
One of the best things about being at a live event is the spontaneous conversations. While waiting for an elevator, you share stories of tired feet, why you walked miles to get to a specific session, and what you learned. You're in line for coffee and find out what...
Sandvik kicks off PLMish earnings with flair
Sandvik announced its fiscal third quarter earnings today, and the manufacturing solutions business led the way. Recall that the company is both acquiring (adding 5 cutting tool companies in Q3 alone) and divesting at the same time -- it spun off of Sandvik Materials...
Deals, Deals, Deals: Hexagon & Ansys acquire tuck-ins, even as VCs slow their roll
PLMish companies continue to add incrementally to their offerings, though none has made a big, game-changing acquisition in a while. Today, Ansys said that it was adding thermal and fluid analysis for space applications and satellites via the acquisition of C&R...
Travel, tech adoption & news from Tech Soft 3D, Hexagon & Sandvik
I've been traveling for work for the last two weeks. When time permits, I'll write about ESI LIVE 2022 and Autodesk University (AU), but I owe you a little catchup. It's been a busy and fun couple of weeks but, TBH, I'm happy to be home. On the travel front: I know...
Schneider Electric to buy rest of AVEVA
Schneider Electric announced today that it is going to go ahead with its plan to buy the 40% or so of AVEVA that it doesn't already own. The company said that it will offer AVEVA shareholders £31 per share, which would value AVEVA at around $10.8 billion. That £31 per...
3 on a Wednesday: Altair, Dassault Systèmes, and Trimble all acquire tech tuck-ins
Venture funding may be drying up a bit, and valuations coming down just a little mean acquisition time. Three deals were announced in the last 40 hours or so: Altair announced that it has signed a definitive agreement to acquire RapidMiner for its advanced data...
4 on a Friday: Altair Radioss goes open source; PTC & TechSoft 3D acquire; and thank you, Ma’am
A lot is going on, so let’s get right to it: Altair has made the Radioss solver available via open source as OpenRadioss, available at www.openradioss.org. Radioss simulates impact events, like car crashes and cell phone drops. Altair CEO Jim Scapa says, “OpenRadioss...
