CAE earnings recap: No hallucinations here
I probably get more CAE questions that any other single topic but, across the PLMish landscape, fewer and fewer companies report specifically on CAE-related earnings so it's hard to quantify what's going on with the vendors. Siemens mentions its CAE acquisitions,...
Bentley cashes out of Cohesive — into Naviam
Bentley just announced it's selling its Cohesive business to Naviam, as part of a strategic partnership to form what the companies call the world's largest independent IBM Maximo services provider. You may recall that Bentley acquired Cohesive Solutions in 2020...
PLMish earnings check: what have we learned?
So. Many. Earnings. Reports. Dassault Systèmes, PTC, and Siemens have reported results for their latest quarters, and, not surprisingly, the companies used their earnings call to make basically the same argument: everything old is cranking along — but many things are...
5 on a Monday: Dassault, Procore, Autodesk deal updates; UK antitrust and … do founders ever really retire?
It has been a very busy few weeks. I hope you are all staying safe from the recent wildfires, smoke, and earthquakes. Earnings season is underway and looking good so far. I'll try to recap those numbers later this week. In the meantime, we have more acquisition news,...
2 days, 2 deals: Siemens to acquire Defacto Technologies
Siemens just announced that it will acquire Defacto Technologies for its "register-transfer level (RTL) design field focused on automated SoC design creation and integration." Siemens says the acquisition "further expands Siemens’ EDA portfolio with capabilities that...
Siemens to acquire Precision Innovations for AI-powered chip planning
Just into the Inbox: Siemens will acquire Precision Innovations to add AI-powered chip planning capabilities to its EDA portfolio. As far as I can tell (not an EDA person), Precision Innovations' offering is the open-source OpenROAD framework, which "help[s]...
FT: Dassault Systèmes might be adding to its life sciences offering
The Financial Times reported yesterday (and I haven't been able to verify) that Dassault Systèmes is in talks to buy drug trial software maker ArisGlobal from Nordic Capital for about $2 billion. The FT article mostly discusses what Nordic Capital would get from the...
Super quick: Maya HTT acquires Friendship Systems
This email just landed in my inbox -- I am late for a meeting but it matters so you need to know about it: Maya HTT is pleased to welcome Friendship Systems and CAESES to the Maya HTT family. As part of this acquisition, Maya HTT is expanding its engineering software...
Clues ahead of PLMish earnings season? Or not?
PLMish earnings start tomorrow, when Sandvik reports its second-quarter results. I don’t know what they'll say, but I'm getting questions about PLMish earnings since IBM pre-announced results on Tuesday morning, so let's explore. [Quick refresher: US companies release...
Schneider Electric to acquire Cognite for $3.1billion
Well, well, well. Schneider Electric just announced that it will acquire Cognite Holding in an all-cash transaction valued at $3.1 billion, and will "integrate the industrial artificial intelligence software company's data foundation" into AVEVA. I first came across...