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...
Sandvik kicks off PLMish earnings with flair
Sandvik announced its fiscal third quarter earnings today, and the manufacturing solutions business led the way. Recall that the company is both acquiring (adding 5 cutting tool companies in Q3 alone) and divesting at the same time -- it spun off of Sandvik Materials...
Deals, Deals, Deals: Hexagon & Ansys acquire tuck-ins, even as VCs slow their roll
PLMish companies continue to add incrementally to their offerings, though none has made a big, game-changing acquisition in a while. Today, Ansys said that it was adding thermal and fluid analysis for space applications and satellites via the acquisition of C&R...
Travel, tech adoption & news from Tech Soft 3D, Hexagon & Sandvik
I've been traveling for work for the last two weeks. When time permits, I'll write about ESI LIVE 2022 and Autodesk University (AU), but I owe you a little catchup. It's been a busy and fun couple of weeks but, TBH, I'm happy to be home. On the travel front: I know...
Schneider Electric to buy rest of AVEVA
Schneider Electric announced today that it is going to go ahead with its plan to buy the 40% or so of AVEVA that it doesn't already own. The company said that it will offer AVEVA shareholders £31 per share, which would value AVEVA at around $10.8 billion. That £31 per...
3 on a Wednesday: Altair, Dassault Systèmes, and Trimble all acquire tech tuck-ins
Venture funding may be drying up a bit, and valuations coming down just a little mean acquisition time. Three deals were announced in the last 40 hours or so: Altair announced that it has signed a definitive agreement to acquire RapidMiner for its advanced data...
4 on a Friday: Altair Radioss goes open source; PTC & TechSoft 3D acquire; and thank you, Ma’am
A lot is going on, so let’s get right to it: Altair has made the Radioss solver available via open source as OpenRadioss, available at www.openradioss.org. Radioss simulates impact events, like car crashes and cell phone drops. Altair CEO Jim Scapa says, “OpenRadioss...
ESI momentum may finally be building: H1 revenue up 6%
ESI Group today reported results for the second quarter and half year ending on June 30th. The details, then some comments: Revenue for the first six months of 2022 was €84 million, up 6% as reported and up 4% at constant currencies (cc)License revenue was €74 million...
And one more: Hexagon adds iConstruct
Ever have this feeling? You KNOW you forgot something but have no idea what? Well, here's what I just forgot: Hexagon yesterday announced that it has acquired iConstruct, makers of construction automation solutions used in commercial, infrastructure, and industrial...
4 on a Friday: AspenTech and FARO acquire, Autodesk reports, and OpenFOAM is (still) independent
A lot of things to catch up on before the weekend: AspenTech announced that it will acquire Micromine, maker of (you guessed it) mine design and management solutions for AU$900 million in cash (approximately US$623 million). AspenTech says Micromine "complements...