Super quick: PTC to acquire Arena for SaaS PLM
Continuing that momentum into all things cloud and SaaS, PTC says it's signed a definitive agreement to acquire Arena Solutions for $715 million in cash, "enabling the company to deliver a complete CAD + PLM SaaS solution". PTC's CEO Jim Heppelmann said in prepared...
Nemetschek adds DEXMA to its Build & Operate portfolio
Nemetschek today announced that its Spacewell subsidiary has acquired DEXMA, a provider of energy management solutions. The DEXMA Platform consists of integrations to more than 200 hardware sensors, gateways, SCADAS, BMSs and other data inputs (DEXMA Detect), which...
AspenTech acquires OptiPlant for early-stage, AI-enabled design
AspenTech just announced that it is acquiring OptiPlant, which you may know of for its automatic pipe routing -- but the company also offers additional tools to explore and select appropriate options early in the plant design process. AspenTech says, “this acquisition...
AEC shows resilience & growth — recap of Autodesk, AVEVA, Bentley & Nemetschek’s earnings
Autodesk, AVEVA, Bentley, and Nemetschek reported results for their most recent financial quarter over the last few weeks and it’s time to catch up. First, a quick recap of the individual results, then what investment analysts call a read-across — what it means in a...
We’re back!
We think. As far as we know. It's been a rocky couple of days, Internet-wise. We tried to speed up schnitgercorp.com but managed to create conflicts with some of our ISP's mechanisms. We probably could have figured it out ... but, in the end, it just wasn't worth it...
We messed up – but we’re fixing it!
We're sorry if you've had trouble over the last couple of days with the www.schnitgercorp.com website or emailing us -- we tried to make the site better and faster and clearly made it much, much worse. We've nosed out the issues and the website is back up; email is...
DS acquires NuoDB for cloud-native distributed SQL
I hope you had a lovely and peaceful Thanksgiving if you're in the US, and a bit of hush to hear yourself think if you're somewhere else. Last week Dassault Systèmes announced that it was acquiring the 84% of the equity of NuoDB that it did not already own. NuoDB...
Happy Thanksgiving!
Wishing you and yours a peaceful holiday.
Schneider Electric to acquire a controlling stake in ETAP
Super quick: Schneider Electric announced that it will acquire a controlling stake in ETAP Automation Inc. You may be familiar with ETAP: their platform for modeling electrical power systems is integrated with just about every plant design system on the market. ETAP...
Aspen Tech acquires Camo Analytics for … analytics
It's been a bit quiet on the acquisition front lately but Aspen Technology (AspenTech) just announced that it has acquired Camo Analytics AS, a provider of industrial analytics solutions. Camo Analytics makes something called the Camo Analytics Unscrambler suite...