MuM, SAP, Sandvik & Hexagon: four views on Q3
This week we heard from four companies that I don’t usually lump into one blog post: Mensch und Maschine (MuM), the German CAD/CAM/BIM developer and Autodesk partner; SAP, the ERP heavyweight; Sandvik, whose Intelligent Manufacturing business has been hoovering up...
Schneider Electric to acquire PTC for $23 billion
Schneider Electric announced this morning that it has signed a definitive agreement to acquire PTC in an all-cash deal at $205 per share, valuing PTC’s equity at about $22.6 billion (€20.1 billion) and implying an enterprise value of $23.7 billion. For context, this...
Q2 AEC earnings: Six companies, one industry, four trends
The AECish part of our PLMish universe is absolutely rocking. Every company beat or met expectations and raised full-year guidance in the recent spate of earnings news. Before we get to some comments, a few key figures and announcements — see each company’s investor...
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...