Schnitger Corporation

Strategic Discovery — Market Research & Insight

Rumor-mongering: no news on MSC

Yesterday was July 1, the date on which Elliot Associates’ “standstill” agreement with MSC Software expired. Under the February agreement, Elliott Associates could not buy the additional shares that would give it a 20% stake in MSC, enough to affect management...

read more

New link for RSS feed

Sorry about this, but the RSS link for Hot Topics has changed. Please use the links to the right or go to to subscribe.

read more changes

As you’ve no doubt noticed, the schnitgercorp website has undergone a major renovation. We did this to make the site easier to read and navigate. Of course, the web design tool selected for its built-in search feature appears to have a bug in its search server links,...

read more

PTC tries to sell investors on growth strategy

PTC gave a comprehensive presentation of its financial status, goals and milestones at its user conference earlier this month. The headlines from the event focused on the announcement that revenue would come in at the low end of the company's guidance for the June...

read more

Busy busy — quick updates

Too busy to craft anything long or thoughtful -- I know I owe you a more detailed analysis of PTC's investor presentation -- but in the meantime:- are companies getting too big? I've been talking to people responsible for coordinating PLM implementations in globally-...

read more

Autodesk ups the ante on displaced worker programs

Autodesk announced today that the 4,700 participants in its "Autodesk Assistance Program" have downloaded more than 5,400 products since the program was announced 6 weeks ago. Due to this success, the company is increasing the number of available products in...

read more

AVEVA shares surge on profit

AVEVA Group plc on Tuesday reported significantly higher profits for fiscal 2009 (ended March 31) as growth across most regions and product areas helped the company to a 29% increase in revenue over last year. Both revenue and profit were slightly better than...

read more

Autodesk slightly exceeds (depressing) expectations

All day the news dribbled in: Credit Suisse cuts its estimate for Autodesk's 2010 revenue to$1.684 billion from $1.713 Billion; Bank of America/Merrill Lynch thought that the "focuscould shift from [operating expenditure] cuts to revenue growth" and that its...

read more

Rackable changes name to SGI

Remember how I lamented the loss of a brand as venerable as SGI's? Well, it turns out thatRackable felt the same way, changing its name and ticker symbol to SGI yesterday. In apress release, CEO Mark Barrenechea said that “[l]everaging a unified SGI brand will...

read more

Business still tough for VARs

Not surprisingly, VARs are not yet seeing any end to the economic turmoil described by thepublic PLM companies in the last few weeks. Avatech Solutions (one of the few publicresellers in the engineering software space) reported a significant revenue decline for...

read more

Updated: ANSYS OK in Q1 but lowers 2009 guidance

ANSYS announced Q1 results today, with GAAP revenue of $116.3 million coming inslightly lower than the company's earlier forecast of between $117 million and $129 millionbut still up from last year's reported $109.5 million.Like everyone else in the engineering...

read more

Tata Nano Upscale!

know you're all very interested: Tata Motors reports that it sold more than 203,000 Nanocars for a total of 25 billion rupees (or slightly over $510 million) from April 9 to April 25, fordelivery beginning in July. Only about 20% of customers ordered the base model...

read more

Updated: MSC interim CEO definitely in charge

MSC Software announced this afternoon that its results were within guidance and that it is seeing the same declines in new license revenue shown by other PLM suppliers. MSC reported total revenue for the first quarter to $53.6 million, down 12% from last year, led by...

read more

Get this blog in your inbox (via WordPress)

Follow us

  • LinkedIn
  • Twitter
  • RSS Feed for Posts

Browse by publication date