Schnitger Corporation

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Schnitger Corporation

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Hexagon adds Romax for electric drivetrain MBSE

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...

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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...

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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...

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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...

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ESI reports revenue up 8% in 2019

ESI reported results yesterday for the 12 months ended 31 December 2019 and for the 11 months from 1 February 2019 to 31 December 2019. Since ESI is shifting its financial year to reflect the calendar, we'll just focus on the 12 month pro forma results. As a side...

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Schneider Electric gets into construction, buys RIB

How interesting: Schneider Electric just announced that it is buying RIB Software, the German maker of cloud and desktop solutions for AEC/construction projects, for €1.4 billion (a 6.5x revenue multiple). Why? According to Schneider Electric Chairman and CEO,...

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Koch Equity buys rest of Infor

It's not as though this is a slow news week ... here's one more, super quick: Infor, the ERP vendor, is being acquired by Koch Equity Development LLC, the investment subsidiary of Koch Industries, the huge conglomerate founded by Charles and David Koch. Koch...

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