Happy Thanksgiving!
It's been a frantic Fall, so it's lovely to feel things slowing down this week. In the US, Thanksgiving Thursday is about food, family, friends, and being grateful for the bounty in our lives. My list of things to be thankful for is long and includes you — thank you...
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...