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...
Autodesk’s $3.6B bet on MaintainX for asset operations
Autodesk just announced the largest acquisition in the company’s history: it will acquire MaintainX for $3.6 billion as the starting point for a new Autodesk Operations Solutions division. So many questions: Who? Why? Why now? And, of course, what’s with that huge...
The additive saga continues: Stratasys buys MarkForged
I've written plenty about how technology needs to be timed just right: too early to market and a company expends all its energy and capital on educating that market on why the tech matters; too late, and a company loses the advantage of being seen as cutting edge....
Nemetschek expands Build with HCSS acquisition
Nemetschek just announced that it will acquire Heavy Construction Systems Specialists (HCSS) from private equity firm Thoma Bravo. I know you're all asking, who?? HCSS makes specialized software for civil, infrastructure, and utility contractors. They offer solutions...
Evolution continues: Hexagon buys Waygate
Hexagon continues its reinvention — the PPM spin-off, Octave, won't be complete until May, in all likelihood — today announcing the acquisition of Waygate Technologies for $1.45 billion in cash (about €1.24 billion), in a carve-out from Baker Hughes. Waygate had...
PTC’s Strategic Pivot: Back to the Future – and welcome, Velotic
You might recall PTC’s announcement last year regarding the sale of its ThingWorx and Kepware businesses to TPG for $725 million. Last week, the deal officially closed. While the headline figure is large, it’s not all “cash in hand.” After accounting for a potential...