5 on a Friday: celebrations, acquisitions, investments & charges
Before anything else: Canadians, happy Canada Day! Americans, get that barbecue ready and have a great 4th of July! Everybody else, have a restful weekend - or join us. We'll put a vegan hot dog on the grill for you. On to the news: First off, Altair confirmed that...
Quickie: Altair expands electronic system offering by acquiring Concept Engineering
Altair just announced that it has acquired Concept Engineering, maker of schematic generation tools, electronic circuit and wire harness visualization platforms, and electronic design debugging tools. The visualization and debug technology is available as a standalone...
Altair acquires Univ of Bath startup for additive manufacturing
Altair just announced that it has acquired Gen3D, a "startup out of the University of Bath, U.K". I wasn't aware that Gen3D but Altair characterizes the company as "implementing the implicit geometry method for describing highly complex geometries such as lattice...
2 on a Friday: Chaos buys into archviz and Modelon announces Q1 results
The beginning of the week featured Memorial Day here in the US and the week ends with the Jubilee of the Queen of England. The combo seems to have created a slow news week -- but here are two interesting things to know about: First off, Chaos, the company that makes...
Autodesk’s Q1 beats expectations, sets up for strong fiscal 2023
You know me: cynical. When I saw that Autodesk had scheduled its earnings release for the Thursday before Memorial Day weekend, in a year that's reputed to be "revenge vacation"-heavy, I expected bad news. After all, if it's good news, you want people paying...
Sandvik lays out CAM ambitions
I am seriously behind on posting earnings writeups but for now, know that most companies reported good results for the March quarter and that our corner of the IT vendor space has little exposure to Russia and Belarus, so won't see a significant revenue decline due to...
Digital transformation? Let’s talk.
I was at Autodesk’s Accelerate conference in New Orleans earlier this week. Many great speakers talked about how they are adapting to the realities they find themselves in—demanding customers, changing supply chains, squeezed timelines — and, oh, the complexities of...
MakerBot and Ultimaker to merge, secure $60 million investment
Remember when we were all going to have 3D printers at home, making replacement knobs for our stoves, printing toys for kids, and doodads for our offices? Not so much. That never took off for many reasons (cost, where do we get those printing instructions?, fumes ...)...
Quickie: Ansys acquires MDL & its Motor-CAD
Ansys just announced that it has acquired Motor Design Limited (MDL) Motor-CAD to "strengthen Ansys' Electronics portfolio, enabling customers to design more efficient electric machines and apply them to more applications". The companies had been distribution partners...
PTC closes Codebeamer deal, reports solid FQ2
PTC just announced that it has closed its acquisition of Intland Software and its Codebeamer. And that reminds me that I never did publish a note on PTC's earnings last week -- which were very positive. First, Codebeamer, then earnings. PTC says today that Codebeamer...