AVEVA reports H1 revenue down 12% cc
I thought we weren't going to get an update on AVEVA earnings until Schneider Electric reports Q3 results -- but, no, it came sooner. Yesterday, AVEVA said that revenue for its April to September half-year would be around £333 million, down 15% as reported (12% in...
Altair acquires M-Base for plastics
Altair just announced that is has acquired M-Base Engineering + Software GmbH, supplier of the Material Data Center materials database and material information system, targeted at the makers and users of plastics. Altair says this addition will "allow Altair to offer...
An appreciation: SolidWorks’ Vic Leventhal
My social feeds lit up this weekend with the sad news that Vic Leventhal has died. If you use Solidworks, think of Vic. If you work for or rely on a CAD reseller, think of Vic. If you've ever built a PLMish sales channel -- Vic was the guy who paved the way. Obvs, Jon...
BSY rings the Nasdaq bell last week
I had promised you a photo of Bentleys ringing the opening bell at the Nasdaq, but can go one better -- a video! https://www.youtube.com/watch?v=hf4Kk-k0iOQ&ab_channel=BentleySystems%2CInc. The first 3:30 minutes or so are of the big LED pilar billboard in Times...
Bentley’s IPO. Done. Finally.
Bentley shares started trading under the BSY symbol at around 11:15 on Wednesday. Someone told me that the bookmaker, the brokerage firm that handles trading of the shares, had to determine the opening price, which I thought would be the price Bentley set last night,...
PTC acquires ioxp for cognitive AR
I saw this on Ralf Steck's blog just now and verified it on PTC Germany's website: PTC has acquired German start-up ioxp to for its cognitive AR and AI technologies. Ralf says that ioxp is a spin-off of the German Research Center for Artificial Intelligence (DFKI) and...
Quickie: Bentley IPO now at $22/share
I am no expert at IPOs but this seems unusual to me: Bentley's offering had originally set a price range of $17 to $19 per share, then yesterday that range was upped to $19 to $21 -- and then last night, it was again raised, to $22/share. That means the selling...
Quickie: Bentley raises price in IPO
How interesting: Bentley just filed with the SEC to raise its price per share from $17 to $19, to $19 to $21 -- that ups the value of the shares being sold to a max of $259,580,811. Why raise the offering price? Typically, it's because there's more demand for the...
Quickies: Bentley sets IPO price, Altair acquires for HPC
I go away for a couple of days, and what happens? Yup. Newsy things! Here are two items of interest: Bentley issued another update to its IPO filing, this time with prices for the shares. You can see it here. (I have not read the whole thing, nor have I diffed it to...
Altair adds Univa to its HPC offering
Altair just announced that it has acquired Univa, a maker of workload management, scheduling, and optimization solutions for high-performance computing (HPC), on-premise and in the cloud. Altair says Univa's Grid Engine is a distributed resource management system that...