SpaceClaim closes VC funding
As I noted a few weeks ago, venture funding has started to come back into the engineering software space. SpaceClaim today announced that it has closed a new round of funding to the tune of $5 million. The funding came from current investors, including Borealis...
Autodesk expands assistance program to veterans
Autodesk has extended its Assistance Program to veterans, according to the Wounded Artist Project. The Project contacted Autodesk to garner its support for a YouTube video on, of all things, BIM (Building Information Management); Autodesk was so impressed that it...
AVEVA strengthens its board
AVEVA Group today announced the appointment of Hervé Couturier as a Non-Executive Director, replacing the retiring David Mann on its board of directors.M. Couturier is a software industry veteran and is currently Executive Vice President of the Technology Group at...
CD-adapco: strong growth seeding the cloud
CD-adapco announced at its London user event that it was growing very nicely in spite of a global recession, has a succession plan in place and is adding additional licensing options to its StarCCM+ offering.Steve MacDonald, President and co-founder of CD-adapco, has...
Done deal: DS now owns IBM PLM
Dassault Systèmes announced today that it has completed its acquisition of IBM’s PLM sales and support organization has been completed. The $600 million transaction includes customer contracts and related assets and allows DS to present a single “face” to its PLM...
Unrest at Avatech
You may recall that Avatech Solutions, like many companies in the engineering software space, had a difficult 2008/2009 in response to the economic realities faced by its government, AEC and manufacturing customers. The company rebounded a bit in its last reported...
Delcam optimistic about 2010
Delcam plc, a UK-based developer of CAM solutions, reported on Monday that revenue for 2009 declined 3% to £31.8 million but, as the company points out “still represented the second-best turnover in the company’s history and stood 7% higher than sales in 2007”. Delcam...
News bites
Lots of things come over the transom that I find very interesting but don’t have time to do much about. But they’re too cool to keep to myself, so ... CFD on a Mac Sympscape (aka Caedium) was mentioned in this blog a while back for making CFD results available via...
PLM vendors have some success helping displaced workers
Over the last year I’ve written a number of posts about vendors offering free or low-cost software and training to laid-off engineers and designers to help them better position themselves for the job market. How has that worked and how many people were actually...
VC funds trickling back into PLM
Comet Solutions back in January announced that it had closed on a $2 million series B round of investment led by Athenian Venture Partners together with Tri-State Growth Capital Fund and Kentucky Co-Investment Partners. The company will use the funds to expand its...