Schnitger Corporation

Strategic Discovery — Market Research & Insight

Altair beats Q2 forecasts and raises 2021 guidance

Altair beats Q2 forecasts and raises 2021 guidance

Altair reported results last week -- and like others in our PLMish universe, they were better than expected. The details: Total revenue in Q2 was $120 million, up 22% and $8 million ahead of expectations. Altair doesn't do the constant currency thing for all of its...

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Quickie: Bentley acquires Imago for image management

Quickie: Bentley acquires Imago for image management

That's a simplified headline -- what Imago really does is enable users to catalog and review drilling core and chip (in other words, rock sample) images. A key point in the acquisition: Imago’s machine learning technology that "will lead to a step function in the...

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Altair beats Q2 forecasts and raises 2021 guidance

AVEVA says revenue up 11% in CQ2, excluding OSI

AVEVA gave one of its minimalist earnings updates today, likely because its largest shareholder, Schneider Electric, announced its Q2 results this morning. (Schneider Electric is on a quarterly calendar, with the year ending in December; AVEVA's fiscal year ends in...

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Quickie: Bentley acquires Imago for image management

Siemens to acquire FORAN marine design solutions

Siemens just announced that it is acquiring the FORAN software business from SENER, a Spanish engineering, procurement, and construction firm. FORAN's solutions are used in the design and construction of ships of all sorts, and marine structures like offshore oil...

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Quickie: Bentley acquires Imago for image management

Hexagon adds location to AR, snaps up Immersal

What’s new: Hexagon acquires Immersal, which makes an SDK that adds spatial location to AR solutions. Why it matters: Sometimes, the location of an AR experience is irrelevant (doing maintenance on a unique item, for example), but in other cases, knowing that this...

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