Sandvik’s Q4 2022 knocked expectations out of the park
Sandvik started the PLMish reporting season with a bang, reporting Q4 2022 results that beat expectations in nearly all instances. (Note that Sandvik doesn’t give exact guidance, so the numbers that were beaten were those from investment analysts. But these beats...
It’s finally done: Schneider Electric owns AVEVA
And so we have the final episode of this saga: AVEVA shares are no longer being traded on the London Stock Exchange today as the final step in the sale of AVEVA to Schneider Electric. The last trades yesterday put the closing share price at 3,220.50 pence (GBP 32.205)...
Hexagon to buy SaaS-based Projectmates for construction offering
Remember years ago when Hexagon first said it was interested in expanding from design into construction? Given its strength in plant design, this was a natural progression. But the companies that build process plants aren't owners, they're contractors -- EPCs like...
Ansys continues buildout, acquires Rocky DEM
First off, happy new year! May 2023 bring you happiness and health! Ansys wins the prize for the first-announced deal of 2023, saying that it had acquired Rocky DEM and its developer and support teams from long-time channel partner Engineering Simulation and...
May the new year …
… be filled with health, happiness, joy, and success. It's almost time for a lovely winter nap -- and perhaps some frolicking in the snow if that big storm materializes -- but first, we'd like to thank you for an amazing 2022. See you in 2023!
5 on a Monday: update on Ansys+DYNAmore; Gamma, TECHNIA and Lectra acquire; HOOPS goes Epic
It’s Monday, one of the last of 2022 — and so much is happening. First, an update on Ansys’ acquisition of DYNAmore: I posited that Ansys was also acquiring Scale, the DYNAmore services arm. Not so — Ansys says Scale is not part of the deal announced last week. And...
Ansys to acquire DYNAmore for its automotive products and expertise
And the acquisitions continue. Ansys just announced that it would acquire DYNAmore for its explicit simulation products, consulting, and sales expertise targeted at the automotive industry. And those are impressive: the German company, according to Ansys, counts "nine...
5 on a Friday: Bentley, Cadmatic, FARO, GoEngineer and Graphisoft all acquire
SO much news to catch up on: FARO acquired SiteScape, a maker of low-res iOS LiDAR scanning software that's used in indoor AEC and operations and maintenance applications. Read that again: iOS LIDAR. High-fidelity LIDAR is still essential in many...
YII 2022: Bentley’s evolution nudges a data revolution
Earlier this month, I was lucky enough to attend the 2022 edition of Bentley Systems’ Year in Infrastructure. While much was similar to prior years’ in-person YIIs, a lot was different. There was certainly the simple joy of being together in real life that I’ve...
Quickie: AVEVA shareholders approve sale to Schneider Electric
I hope you had a wonderful, restful weekend! While some of us were enjoying turkey and trimmings, AVEVA's minority owners approved a sale of their shares to Schneider Electric (SE). This ends the story that started when SE first offered to buy part of the company in...