Super quick: PTC to acquire ServiceMax for $1.5 billion
PTC just announced that it will acquire ServiceMax in a $1.46 billion deal that's expected to close in January. You've probably heard of ServiceMax; they offer field service management solutions in the cloud. ServiceMax has been a competitor/partner for PTC's own...
4 on a Saturday: travel catchup edition
I've been AWOL the last two weeks, walking the length of the Kennet and von canal in England. Amazing engineering, water control in a place where rain is a given … and beautiful countryside. More on that at some point. While I was walking, the PLMish world created...
2 on a Wednesday: Earnings from Hexagon and Nemetschek
Hexagon and Nemetschek reported results late last week, and I just couldn’t get to them — so here are quick recaps. Hexagon reported total net sales in Q3 of €1,317 million, up 22% as reported and up 7% on an organic, constant currency (occ). Within that €1.3...
ESI’s Q3 shows subs transition ahead of plan
You might recall that ESI held its Live event in September. That was customer-focused, where presenters talked about how the auto, aero, and heavy industries use ESI products to design better and faster. The week after that conference, ESI held a capital markets...
AU 2022: a joyous in-person extravaganza
Last month, Autodesk held its first Autodesk University (AU) in person since the whole COVID drama began. It was both a very familiar event and completely new. New: New Orleans instead of Las Vegas! Being handed a COVID test kit at registration! A NOLA brass band!...
4+ on a Friday, earnings edition: Addnode, AspenTech, Cadence and Schneider Electric
So much news this week! A quick recap: Addnode gets two spaces in this roundup, one for acquisition and the other for earnings. First, the company announced that it has acquired JBL’s Dassault Systemès-related business, which will merge into Addnode’s TECHNIA’s North...
DS’ Q3 shows the challenges in the perpetuals-to-subs transition
If you look at the financial news, you’ll probably see headlines about today’s earnings announcement by Dassault Systèmes that focus on how license revenue was below expectations — and that’s true. But it doesn’t tell the whole story. DS says the miss is due to...
4 on a Tuesday: Stratasys and AspenTech acquire, Samp gets funding, SAP reports
It's only Tuesday, and it's already been quite a week. Here, in no particular order, are newsy bits that I think are interesting: Stratasys, the 3D printer company and owner of GrabCAD, has acquired Riven, makers of quality assurance software. Riven's cloud-based...
MuM adds to PLMish good news
Mensch und Maschine Software says it "remained undeterred on the record track in Q3, achieving the strongest [nine month] figures in the company's history" because of "strong new business for M+M Software, as well as solid renewal business in the VAR segment." Recall...
ESI Live 2022: Moving towards a sustainable digital future
One of the best things about being at a live event is the spontaneous conversations. While waiting for an elevator, you share stories of tired feet, why you walked miles to get to a specific session, and what you learned. You're in line for coffee and find out what...