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...
AVEVA optimistic, looking to spend
AVEVA today gave a lot of additional color on its results for the year ended March 31, 2010. Some of the news was good (strength in recurring revenue and in the Americas), some not-so-good (overall revenue decline of 10%) and some downright tantalizing. Read on ...As...
Bentley revenue down but not by much
As I wrote a few weeks ago, private companies choose to share information in unique ways.Bentley Systems creates an “annual report” that is a mix of company-provided data, market analysts’ charts and customer testimonials. This year’s report was published at the Be...
Autodesk surprises with a solid FQ1
Autodesk reported results on Wednesday that continue the trend of positive comparative data for the PLM space. Overall revenue was up $475 million, up 11% from a year ago, blowing away analysts’ estimates of about $435 million.Taken geographically, these results...
Avatech reports “economy improving”
Avatech Solutions reported results today that show times may be getting better for the vast majority of users of engineering software.This announcement was a few days ahead of Wednesday’s report by Autodesk, and I wonder why there aren’t more people on the call --...
Vero to be taken private
Just last week I blogged about renewed interest in mergers and acquisition in the greater software space and today Vero Software, the UK maker of CAD/CAM solutions for the tooling industry, announces that it has reached agreement to be bought by BV Acquisitions...
Acquisition fever building
Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray.According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...
AspenTech is getting better
AspenTech yesterday announced results for its fiscal third quarter, and they are not pretty. Getting better, though. Total revenue was $45.6 million, down 36% from a year ago, due primarily to the company’s transition from a traditional perpetual fee/periodic...
ANSYS reports 17% growth in Q1, raises guidance
ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...
Delcam says business is good!
In reserved, British fashion, Delcam plc today issued a trading update for its business through March 31: Sales were better that management had expected, “with software sales on a global basis and especially within the European market ahead of expectations”....
