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...
Super-quick: Schneider Electric may buy the rest of AVEVA
Morning news troll. AVEVA shares up 30% -- why? A tiny bit of surfing tells me that Schneider Electric says it is considering a possible offer to acquire the 41% of outstanding shares in AVEVA that it does not already own. Note: considering, possible ... not by any...
Graphisoft at 40: Looking forward
What do you do when you’re no longer a teenager in a world that prizes newness and chases the next hot thing? If you’re Graphisoft, you celebrate your 40th birthday while simultaneously showing that you’re just as capable as the new kids in bringing your customers the...
Siemens DI software revenue up 14%, again led by EDA
Siemens today reported decent results for its fiscal third quarter even with the stresses in component supply chains and the European energy markets. The part we care most about, Digital Industries, reported revenue of €4.9 billion, up 18% (and up 12% in constant...
Bentley reports solid, “straightforward” Q2
Many signs are positive for AEC companies right now. Public spending on infrastructure is up, there's a renewed interest in oil and gas exploration and extraction, and we seem to have figured out how to do business even with shutdowns and sanctions -- leading AEC...
Altair revenue up 11% in Q2 on strength in CAE
Altair last night announced results for Q2 2022 -- and exceeded expectations in just about all revenue categories. The details: Total Q2 revenue was $133 million, up 11% as reported and up 16% in constant currencies, or ccSoftware product revenue was $117 million, up...