4 on a Friday: DS invests in AVSimulation, Newforma acquires, more on Cadence+Numeca, Siemens’ MindSphere on Red Hat OpenShift
It's been another busy week of earnings and other PLMish news. Here are some bits and pieces I didn't have the time to write about more fully: Dassault Systèmes invested €10 million for a 15% stake in AVSimulation, joining Oktal Sydac and Renault which own,...
Altair acquires Flow Simulator & Autodesk acquires Innovyze
Goodness. Not even 7:30AM here on the US East Coast and the news is flying fast. Autodesk just announced it will acquire Innovyze, a leader in "water infrastructure software", for $1 billion (net of cash subject to working capital and tax closing adjustments). Why?...
Hexagon’s 2020 showed sequential improvement — should continue in 2021
Continuing the earnings catchup, today we tune into Hexagon, the parent company of brands such as MSC Software, Leica, and PPM (fka Intergraph PPM). In all, 2020 was a mixed year for the company, which sells quite a bit of hardware into manufacturing and other...
DS’s needle moved in 2020, mostly in life sciences — and SolidWorks is a billion-dollar brand!
Earlier this month, Dassault Systèmes (DS) reported results for its fourth quarter and, therefore, the full year of 2020. First a quick recap, then a bit about what it all might mean, and then some reflections on this month's 3DExperience World (aka SolidWorks World)...
5 on a Friday: Rescale, Lectra+Gerber, Hexagon’s R-evolution, C3D Labs’ 2020 results, and SAP’s no-code acquisition
It's been a week. Let's wrap it up with a few newsy tidbits that didn't make it into full blog posts. Rescale, the hybrid HPC cloud platform for simulation closed $50m in Series C funding --announced last week, not sure when it happened -- from investors including...
Why so many CADs? And can I switch between them?
I am often asked, especially by people who are new to the CAD world, what the differences are between all of the CAD tools on the market. What's the best? And what happens if I don't like the product I started with -- can I switch? There are no easy answers --to any...
Schneider Electric reports Q4, talks AVEVA
Schneider Electric reported Q4 results today -- you can see them in full here -- that also touched on how important AVEVA is to the overall product menu. A couple of nuggets from the press release and investor call presentation: Schneider Electric's fiscal 2020...
ESI’s 2020 results show continued improvement
ESI yesterday announced preliminary results for its fiscal fourth quarter -- and they show sequential improvement that leads CEO Cristel de Rouvray to moderate optimism for the year ahead. First, the results: In Q4, total revenue was €30 million, down 10% as reported...
Lectra to buy Gerber Technologies
This is big: Lectra has announced that it plans to acquire Gerber Technology for "an upfront payment of 175 million euros – through a combination of cash and debt – plus 5 million newly issued Lectra shares to ... Gerber Technology’s sole shareholder". As I understand...
Siemens’ FQ1 saw solid contributions from EDA, Mendix but also PLM caution
Last week was a busy earnings week and we're going to spend some time this week trying to catch up. First off, Siemens announced that its fiscal first-quarter (ended in December) revenue rose 3% to €14 billion, with growth across all four industrial businesses and in...