Quick update: Acquisition of ESI is one step closer
On Friday, ESI Group and Keysight Technologies announced that Keysight has now acquired a controlling stake in ESI, and that Keysight plans to file with French regulators to acquire the rest. As of Friday, Keysight owned nearly 51% of ESI's share capital and 56% of...
4+1 on a Wednesday: Autodesk, Maya HTT, BAE Systems and PTC acquire — plus a thank you for a safe landing
I spent the last month traveling, going to Graphisoft’s Archicad 27 launch in Budapest, Bentley’s Year in Infrastructure in Singapore, and AVEVA World in San Francisco —and exploring in Japan— and will tell you about each of those as I can; I’m still digging out from...
Bentley’s Seequent amps “rock to revenue” value prop, acquires geothermal simulation solution
Bentley Systems' Seequent is very cool. And it just got cooler by acquiring Flow State Solutions, maker of the geothermal reservoir simulation solution, Volsung. Recall that Seequent Seequent makes solutions for geological and geophysical modeling, geotechnical...
Another week, another CAE acquisition – this time ZWSOFT + PHOENICS
I admit, I did not see this one coming: ZWSOFT announced (here) that it had acquired Concentration, Heat and Momentum Limited (CHAM), maker of the PHOENICS CFD solution. You likely know ZWSOFT. They make the 2D ZWCAD and 3D ZW3D solutions, among others, that compete...
Altair acquires OmniQuest, maker of Genesis
Just across the newswire (here), Altair announced that it has acquired OmniQuest, a company you may know by its former name, Vanderplaats R&D, maker of the Genesis structural analysis and optimization solution. Altair CEO Jim Scapa said in the announcement that...
Update: Stratasys + Desktop Metal = not happening
Stratasys held its shareholder meeting today, and, as predicted, management couldn’t muster the votes to approve the combination with Desktop Metal. As a result, Dov Ofer, Chairman of Stratasys’ Board of Directors, said, “We have decided to undertake a comprehensive...
5 on a Wednesday: Additive merger mania continues, news from the world of fashion and retail, Hexagon supports manufacturing startups
There is so much going on right now that it’s hard to keep up. Here are a few things I’m watching: The saga of 3D Systems’ possible merger with Stratasys is still ongoing. Stratasys and Desktop Metal have their shareholder meetings tomorrow, so we’ll learn whether...
A quick update on the Additive Ball
Remember how last month there was a will they/won’t they dance going on in the world of additive manufacturing? Well, the dance continues, with news on several fronts. To recap: Desktop Metal and Stratasys had planned a merger, then another company stepped in to say...
How close are we, really, to AI in PLM?
(Newsletter subscribers: sorry if you're seeing this twice. The first one went out with weird formatting.) Did you hear the news yesterday? My local radio station advised me NOT to rely on Siri and Alexa for help if I need to perform CPR (cardio-pulmonary...
Quickie: PTC announces CEO change; Rockwell sells its stake in PTC
Earnings season rolls along, and I will eventually get to capsules covering PLMish results (mixed so far, nothing horrible), but there are two PTC items to cover outside of earnings. The first is that PTC has announced that current CEO Jim Heppelmann will step down...