Quickie: Autodesk extends sale of multi-user subs to August, pushes back named user start date
I wrote last week that Autodesk was going to start transitioning customers to named user licenses in May. A couple of readers shared a change to that policy from Autodesk's CEO Andrew Anagnost, in a note about the company's response in the time of Covid-19: [W]e are...
Bentley ups the ante on BIM CDEs, acquires UK’s GroupBC
Bentley Systems just announced that it has acquired GroupBC, the UK-based maker of the BC Projects and BC Enterprise SaaS solutions. You may know that the UK leads the world in BIM focus and implementations, which has spawned a lot of tools to help projects reach...
Autodesk’s anti-piracy efforts finally pay off – oh, and the looming end of maintenance
We've had a bit of an earnings bottleneck here at Schnitger Corp. HQ, but let's see if we can get caught up before more news rocks our world. You are washing your hands while humming Happy Birthday twice or the chorus from Stayin' Alive, right? You could do CPR to...
Ansys acquires Lumerical for photonics ICs
Ansys just announced that it will acquire Lumerical, maker of the DEVICE suite of component-level simulation products for modeling the optical, electrical and thermal effects in the performance of photonic integrated circuits. What's a photonic integrated circuit?...
Super-quick, the VIX volatility index is … crazy
I wrote about Bentley's potential IPO a few weeks ago and mentioned that the company had, in its last possible IPO, told me that it looked at the VIX index to help determine the exact timing of a sale of its shares. Not going into that again, but this week's sell-off...
Hexagon adds Romax for electric drivetrain MBSE
Hexagon just announced that it will acquire Romax Technology Limited, maker of the Romax Nexus suite of solutions for concept design, durability, NVH and other simulations for electromechanical drivetrain design and simulation. Nexus is a cloud-enabled model-based...
Schneider Electric reports 2019 revenue up 6%, growing focus on digital offerings
Schneider Electric is a massively complicated company, making everything from home energy management solutions to software to operate production facilities. And, as we saw last week, looking to get into building construction with its proposed acquisition of RIB...
Tech Soft 3D secures backing from Battery Ventures
Investor interest in out little PLMish world remains strong. Tech Soft 3D yesterday announced that it has closed a "significant" investment from Battery Ventures and that Battery General Partner Morad Elhafed and Vice President Satoshi Harris-Koizumi will join the...
AVEVA says Q4 pipeline solid
AVEVA says Q4 pipeline "solid"Schneider Electric reported results today which mean that AVEVA also released a teeny earnings announcement. More on Schneider Electric later; AVEVA said it had seen revenue growth in the "high single-digits" on an organic, constant...
Bentley maybe inching towards an IPO again?!
Bentley issued a terse press release yesterday, saying in its entirety EXTON, Pa., U.S.A. – February 13, 2020 – Bentley Systems, Incorporated today announced that it has confidentially submitted a draft registration statement on form S-1 with the Securities and...