Hexagon acquires Intergraph for $2.13 Billion
Well, it’s finally done.Intergraph Corporation today announced it has signed a definitive agreement to be acquired by Hexagon AB in a transaction valued at approximately $2.125 billion.For a quick refresher, Intergraph was taken private in 2006 by an investor group...
AVEVA: On track, North America “subdued”
AVEVA today issued a statement about business conditions during the just-ended June quarter. Like Autodesk during its Investor Day, AVEVA sees gradual improvement in the global economy. During the quarter, AVEVA saw strength in the oil and gas sector, especially in...
It’s a wrap: Siemens PLM Connection
Just back from several days at Siemens PLM Connection, the company’s user-run annual conference. This year’s theme was managing complexity: globalization, regulations, competitive pressure -- each layer adds more information, more requirements, more team members to...
Highlights from Autodesk’s Investor Day
Update: Autodesk held its annual Investor Day today. The event was 4 hours long, so these are some of the tidbits I found most interesting: • Autodesk says that FQ2 business is good and is raising the bottom end of its second quarter business outlook from revenue of...
DS expands its embedded systems capabilities
Amid all of the buzz on the latest version of V6, this one almost got lost: Dassault Systèmes yesterday announced the acquisition of its latest technology tuck-in: Geensoft, provider of embedded systems development solutions, for €5.5 million. Geensoft delivers tools...
ESI reports slight decline in FQ1
ESI Group reported yesterday that sales for the first quarter of FY2011 were €16 million, down 3% from a year ago on a decline in services revenue that was not offset by slightly higher license sales. License revenue was €11 million euros, essentially flat when...
Building the perfect board
AVEVA today announced that Philip Dayer, a member of its board of directors, has been named a non-executive director of JSC KazMunaiGas EP, the Kazakh onshore exploration and production company.Why is this significant? Mr. Dayer (whom I’ve never met) is an investment...
Dassault Systèmes expands its footprint
Dassault Systèmes announced yesterday that it had acquired Exalead, a French company best known for providing CloudView technology that powers websites such as ViaMichelin, Carlson Wagonlit and RealTravel.com. For ViaMichelin, for example, CloudView combined dynamic...
Ed Miller: An appreciation
I received word today that Ed Miller, President of CIMdata, has died after a relatively short illness. I have known Ed for many years, as engineering software analysts tend to travel in packs to vendor events around the globe. Ed was funny, charming and, above all,...
AVEVA starts spending
Just last week AVEVA announced results and a dividend that left it with plenty of cash to spend on building out its offerings and sales/support capacity. Today the company formally announced that the spree is underway, announcing two acquisitions.The first will extend...