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...
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...